406 Cedar StCentral CityKY42330
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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 Central City at 406 Cedar St, Central City, KY, 42330 at $140,000 posts ROI 27.02% with $275/mo cash flow from $1,127/mo rent. Total monthly income equals $1,127/mo, and annual cash flow records $3,302/yr on $46,410 to close. Return on cash invested measures 27.02% and rental yield reads 9.66% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 140.94% and total cumulative return in cash totals $65,410.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,127/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42330, Central City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,988 (100%) |
| Owner Occupied HU | 2,487 (62.4%) |
| Renter Occupied HU | 1,072 (26.9%) |
| Vacant Housing Units | 429 (10.8%) |
| Median Home Value | $141,516 |
| Average Home Value | $184,295 |
Housing Distribution
Address Breakdown
Residential
3,680
Single Family
3,641
Multi-Family
39
Businesses
323
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Listed by: Jerry A Mathis • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20251542
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.