53 Walnut Grove RdCarlisleKY40311
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Carlisle at 53 Walnut Grove Rd, Carlisle, KY, 40311 priced at $1,060,000 converts $1,079/mo rent into after a $5,188/mo obligation. Total monthly income equals $1,079/mo. Return on cash invested prints 1.6% in year one, and rental yield reads 1.22% against a $1,060,000 entry. Equity gained on principal adds $6,840/yr, while 5% annual appreciation compiles into $292,858 by year five. Five-year ROI reaches 4.42% and total cumulative return in cash sums $15,169. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,079/mo property income covering a $5,188/mo payment, not borrower’s personal income.
Single Family
Built in N/A
53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40311, Carlisle, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,252 (100%) |
| Owner Occupied HU | 2,075 (63.8%) |
| Renter Occupied HU | 805 (24.8%) |
| Vacant Housing Units | 372 (11.4%) |
| Median Home Value | $135,547 |
| Average Home Value | $172,790 |
Housing Distribution
Address Breakdown
Residential
2,971
Single Family
2,925
Multi-Family
46
Businesses
135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices