323 Crossgate RdElizabethtownKY42701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Elizabethtown at 323 Crossgate Rd, Elizabethtown, KY, 42701 offers $1,637/mo rent that, after a $856/mo payment, leaves $573/mo cash flow. Total monthly income is $1,637/mo, and annual cash flow is $6,871/yr on $57,979 cash. Return on cash invested measures 31.76% in year one, and rental yield stands at 11.23% at a $174,900 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,322 by year five. Five-year ROI records 166.28% and total cumulative return in cash reaches $96,408. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,637/mo property income versus a $856/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42701, Elizabethtown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,939 (100%) |
| Owner Occupied HU | 14,459 (58.0%) |
| Renter Occupied HU | 8,441 (33.8%) |
| Vacant Housing Units | 2,039 ( 8.2%) |
| Median Home Value | $285,806 |
| Average Home Value | $315,613 |
Housing Distribution
Address Breakdown
Residential
23,162
Single Family
22,694
Multi-Family
468
Businesses
1,879
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Willie Harden • Re/Max Five Star Properties
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1688359
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