407 Highway 1808MonticelloKY42633
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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 Monticello at 407 Highway 1808, Monticello, KY, 42633 offers a 9.5% rental yield on a $245,000 purchase with $1,939/mo rent. Total monthly income registers $1,939/mo, and a $1,199/mo payment leaves $448/mo available for distribution. Annual cash flow reaches $5,376/yr on $81,218 to close, and return on cash invested stands at 26.53% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 138.27% and total cumulative return in cash at $112,296. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,939/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.46 Acres lot
$N/A/sqft
No HOA
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Listed by: Kristin Whitson • My Lake Cumberland Realty Group
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25007053
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.