347 Laurel Ford RdKettle IslandKY40958
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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 Kettle Island at 347 Laurel Ford Rd, Kettle Island, KY, 40958 offers a 9.61% rental yield on a $128,000 purchase with $1,025/mo rent. Total monthly income registers $1,025/mo, and a $627/mo payment leaves $246/mo available for distribution. Annual cash flow reaches $2,958/yr on $42,432 to close, and return on cash invested stands at 26.88% in year one. Equity gained on principal adds $826/yr while 5% annual appreciation supports $35,364 over five years. Portfolio math shows five-year ROI at 140.13% and total cumulative return in cash at $59,459. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,025/mo property income against a $627/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40958, Kettle Island, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 226 (100%) |
| Owner Occupied HU | 150 (66.4%) |
| Renter Occupied HU | 49 (21.7%) |
| Vacant Housing Units | 27 (11.9%) |
| Median Home Value | $103,409 |
| Average Home Value | $210,417 |
Housing Distribution
Address Breakdown
Residential
226
Single Family
226
Multi-Family
0
Businesses
0
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Listed by: Barry Turner • Re/Max Laketime Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25007602
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.