503 3rd StFultonKY42041
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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 Fulton at 503 3rd St, Fulton, KY, 42041 uses $49,062 cash to close to unlock $2,324/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $1,094/mo, and a $724/mo payment keeps the spread at $194/mo. Purchase price stands at $148,000, and rental yield measures 8.87% with $1,094/mo rent. Return on cash invested shows 24.64% in year one, and 5% annual appreciation builds toward $40,890 over five years. Five-year ROI reaches 128.12% and total cumulative return in cash records $62,858. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,094/mo property income covering a $724/mo payment rather than investor’s personal income.
Single Family
Built in 1920
1,742 sqft lot
$N/A/sqft
No HOA
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Listed by: Courtney Smith • Keller Williams Experience Realty
Mls Name: WKRMLS
Mls ID: #131038
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