421 Elkton Pl, Midway, KY, 40347 | $161/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Midway at 421 Elkton Pl, Midway, KY, 40347 priced at $259,000 converts $1,738/mo rent into $161/mo cash flow after a $1,268/mo obligation. Total monthly income equals $1,738/mo, and annual cash flow totals $1,936/yr on $85,859 invested. Return on cash invested prints 22.16% in year one, and rental yield reads 8.05% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 114.83% and total cumulative return in cash sums $98,596. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,738/mo property income covering a $1,268/mo payment, not borrower’s personal income.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA