587 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 587 S Main St, Calvert City, KY, 42029 earns $358/mo cash flow from $1,386/mo rent with a $827/mo payment. Total monthly income totals $1,386/mo, and annual cash flow totals $4,291/yr on $56,024 capital. ROI tracks 27.57% on current figures, and rental yield reads 9.84% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 143.82% and total cumulative return in cash sums $80,575. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,386/mo property income instead of your personal income.
Single Family
Built in 1947
0.27 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: #134514