586 Moon Bay Dr UNIT 3KuttawaKY42055
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
Investment property for sale in Kuttawa at 586 Moon Bay Dr UNIT 3, Kuttawa, KY, 42055 earns from $2,071/mo rent with a $1,957/mo payment. Total monthly income totals $2,071/mo. ROI tracks 16.63% on current figures, and rental yield reads 6.21% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 85.12% and total cumulative return in cash sums $112,844. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,071/mo property income instead of your personal income.
Condo
Built in 1999
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42055, Kuttawa, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,803 (100%) |
| Owner Occupied HU | 1,087 (60.3%) |
| Renter Occupied HU | 156 ( 8.7%) |
| Vacant Housing Units | 560 (31.1%) |
| Median Home Value | $237,745 |
| Average Home Value | $237,146 |
Housing Distribution
Address Breakdown
Residential
1,330
Single Family
1,330
Multi-Family
0
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices