581 S Main StCalvert CityKY42029
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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 Calvert City at 581 S Main St, Calvert City, KY, 42029 offers a 9.48% rental yield on a $199,000 purchase with $1,572/mo rent. Total monthly income registers $1,572/mo, and a $974/mo payment leaves $361/mo available for distribution. Annual cash flow reaches $4,330/yr on $65,969 to close, and return on cash invested stands at 26.47% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 137.91% and total cumulative return in cash at $90,978. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,572/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42029, Calvert City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,067 (100%) |
| Owner Occupied HU | 2,036 (66.4%) |
| Renter Occupied HU | 485 (15.8%) |
| Vacant Housing Units | 546 (17.8%) |
| Median Home Value | $210,231 |
| Average Home Value | $245,817 |
Housing Distribution
Address Breakdown
Residential
2,646
Single Family
2,646
Multi-Family
0
Businesses
267
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Listed by: Becky Ray • Park Avenue Properties
Mls Name: WKRMLS
Mls ID: #134515