309 W 2nd 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
Investment property for sale in Carlisle at 309 W 2nd St, Carlisle, KY, 40311 offers a 10.44% rental yield on a $165,000 purchase with $1,435/mo rent. Total monthly income registers $1,435/mo, and a $808/mo payment leaves $430/mo available for distribution. Annual cash flow reaches $5,164/yr on $54,698 to close, and return on cash invested stands at 29.35% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 153.4% and total cumulative return in cash at $83,903. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,435/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.26 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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