398 Auction St,Monticello,KY,42633

Investment Highlights

Investment property for sale in Monticello at 398 Auction St, Monticello, KY, 42633 listed at $290,000 pairs $2,854/mo rent with a $1,419/mo payment to leave $1,089/mo cash flow. Total monthly income runs $2,854/mo, and annual cash flow reaches $13,073/yr on $96,135 cash to close. Return on cash invested measures 33.51% in year one, and rental yield registers 11.81% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 175.64% and total cumulative return in cash totals $168,856. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,854/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).