507 Lockett StMonticelloKY42633
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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 507 Lockett St, Monticello, KY, 42633 offers a 7.88% rental yield on a $275,900 purchase with $1,812/mo rent. Total monthly income registers $1,812/mo, and a $1,350/mo payment leaves $133/mo available for distribution. Annual cash flow reaches $1,599/yr on $91,461 to close, and return on cash invested stands at 21.66% in year one. Equity gained on principal adds $1,780/yr while 5% annual appreciation supports $76,226 over five years. Portfolio math shows five-year ROI at 112.11% and total cumulative return in cash at $102,533. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,812/mo property income against a $1,350/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.92 Acres lot
$N/A/sqft
No HOA
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Listed by: Donna Roberts • Access Realty & Auction
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25016546
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