514 5th StCarrolltonKY41008
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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 Carrollton at 514 5th St, Carrollton, KY, 41008 listed at $299,900 pairs $1,848/mo rent with a $1,468/mo payment to leave $23/mo cash flow. Total monthly income runs $1,848/mo, and annual cash flow reaches $271/yr on $99,417 cash to close. Return on cash invested measures 20.18% in year one, and rental yield registers 7.39% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 104.2% and total cumulative return in cash totals $103,588. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,848/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1908
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41008, Carrollton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,272 (100%) |
| Owner Occupied HU | 1,716 (52.4%) |
| Renter Occupied HU | 1,221 (37.3%) |
| Vacant Housing Units | 335 (10.2%) |
| Median Home Value | $172,917 |
| Average Home Value | $209,486 |
Housing Distribution
Address Breakdown
Residential
3,035
Single Family
2,989
Multi-Family
46
Businesses
354
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Listed by: Katrina Bartley • Bartley R.E. & Associates, LLC
Mls Name: GLARMLS
Mls ID: #1692385