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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Carrollton at 303 9th St, Carrollton, KY, 41008 with 5% annual appreciation on a $219,500 basis while $1,874/mo rent supports operations. Total monthly income totals $1,874/mo and a $1,074/mo payment preserves $538/mo for cash returns. Annual cash flow comes to $6,461/yr on $72,764 deployed, and return on cash invested reaches 28.79% in year one. Equity gained on principal adds $1,416/yr, and five-year appreciation sums $60,644 alongside rental yield of 10.25%. Five-year ROI measures 150.35% and total cumulative return in cash totals $109,402.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,874/mo property income versus a $1,074/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41008, Carrollton, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,272 (100%) |
| Owner Occupied HU | 1,716 (52.4%) |
| Renter Occupied HU | 1,221 (37.3%) |
| Vacant Housing Units | 335 (10.2%) |
| Median Home Value | $172,917 |
| Average Home Value | $209,486 |
Residential
3,035
Single Family
2,989
Multi-Family
46
Businesses
354
Date | Event | Price |
|---|---|---|
| 2024-09-09 | Price change | $219,500 |
| 2024-07-23 | Listed for sale | $229,500 |
| 2020-01-06 | Sold | $129,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-10-14 | $1270.76 | 9.84% | $129,500 | 8.82% |
| 2019-10-14 | $1156.97 | 2.04% | $119,000 | N/A |
| 2018-10-14 | $1133.80 | N/A | $119,000 | N/A |
Listed by: Cody C Hembree • Realty ONE Group River Valley
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1666288
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