44 Flatgap DrFlatgapKY41219
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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
Rental property for sale in Flatgap at 44 Flatgap Dr, Flatgap, KY, 41219 generates $1,613/mo in rent, after a $1,370/mo payment. Total monthly income is $1,613/mo. Return on cash invested sits at 18.74% in year one, and rental yield is 6.92% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 96.44% and total cumulative return in cash sums $89,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,613/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41219, Flatgap, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 882 (100%) |
| Owner Occupied HU | 643 (72.9%) |
| Renter Occupied HU | 132 (15.0%) |
| Vacant Housing Units | 107 (12.1%) |
| Median Home Value | $118,339 |
| Average Home Value | $136,198 |
Housing Distribution
Address Breakdown
Residential
837
Single Family
837
Multi-Family
0
Businesses
9
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