309 Cadiz StPrincetonKY42445
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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 Princeton at 309 Cadiz St, Princeton, KY, 42445 generates $828/mo in rent and, after a $507/mo payment, leaves $198/mo in cash flow. Total monthly income is $828/mo, and annual cash flow is $2,371/yr on $34,327 invested. Return on cash invested sits at 26.82% in year one, and rental yield is 9.6% on a $103,550 entry. Equity gained on principal adds $668/yr, while 5% annual appreciation builds toward $28,609 over five years. Five-year ROI reaches 139.8% and total cumulative return in cash sums $47,991. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $828/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
10,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42445, Princeton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,287 (100%) |
| Owner Occupied HU | 3,373 (63.8%) |
| Renter Occupied HU | 1,243 (23.5%) |
| Vacant Housing Units | 671 (12.7%) |
| Median Home Value | $128,871 |
| Average Home Value | $177,973 |
Housing Distribution
Address Breakdown
Residential
4,812
Single Family
4,733
Multi-Family
79
Businesses
409
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