358 W Main StCarlisleKY40311
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 Carlisle at 358 W Main St, Carlisle, KY, 40311 generates $1,873/mo in rent and, after a $754/mo payment, leaves $935/mo in cash flow. Total monthly income is $1,873/mo, and annual cash flow is $11,226/yr on $51,051 invested. Return on cash invested sits at 41.9% in year one, and rental yield is 14.59% on a $154,000 entry. Equity gained on principal adds $994/yr, while 5% annual appreciation builds toward $42,547 over five years. Five-year ROI reaches 220.68% and total cumulative return in cash sums $112,658. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,873/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mackenzie W Leathers • Whalen & Company
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24021143
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.