5029 Lakin DrCatlettsburgKY41129
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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 Catlettsburg at 5029 Lakin Dr, Catlettsburg, KY, 41129 generates $1,751/mo in rent and, after a $1,295/mo payment, leaves $141/mo in cash flow. Total monthly income is $1,751/mo, and annual cash flow is $1,690/yr on $87,682 invested. Return on cash invested sits at 21.84% in year one, and rental yield is 7.94% on a $264,500 entry. Equity gained on principal adds $1,707/yr, while 5% annual appreciation builds toward $73,076 over five years. Five-year ROI reaches 113.03% and total cumulative return in cash sums $99,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,751/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41129, Catlettsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,176 (100%) |
| Owner Occupied HU | 2,953 (70.7%) |
| Renter Occupied HU | 722 (17.3%) |
| Vacant Housing Units | 501 (12.0%) |
| Median Home Value | $178,027 |
| Average Home Value | $224,248 |
Housing Distribution
Address Breakdown
Residential
3,831
Single Family
3,731
Multi-Family
100
Businesses
224
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Listed by: CINDY CONLEY - JONES • Keller Williams Legacy Group
Mls Name: AABR
Mls ID: #59340