301 S Walnut StCarlisleKY40311
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Carlisle at 301 S Walnut St, Carlisle, KY, 40311 generates $1,439/mo in rent and, after a $1,052/mo payment, leaves $131/mo in cash flow. Total monthly income is $1,439/mo, and annual cash flow is $1,569/yr on $71,273 invested. Return on cash invested sits at 22.11% in year one, and rental yield is 8.03% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 114.49% and total cumulative return in cash sums $81,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,439/mo property income rather than buyer’s personal income.
Manufactured
Built in 2004
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40311, Carlisle, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,252 (100%) |
| Owner Occupied HU | 2,075 (63.8%) |
| Renter Occupied HU | 805 (24.8%) |
| Vacant Housing Units | 372 (11.4%) |
| Median Home Value | $135,547 |
| Average Home Value | $172,790 |
Housing Distribution
Address Breakdown
Residential
2,971
Single Family
2,925
Multi-Family
46
Businesses
135
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