600 Moon Bay DrKuttawaKY42055
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 Kuttawa at 600 Moon Bay Dr, Kuttawa, KY, 42055 offers $1,829/mo rent that, after a $1,859/mo payment. Total monthly income is $1,829/mo. Return on cash invested measures 12.34% in year one, and rental yield stands at 5.78% at a $379,900 entry. Equity gained on principal adds $2,451/yr while 5% annual appreciation compounds into $104,959 by year five. Five-year ROI records 63.2% and total cumulative return in cash reaches $79,589. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,829/mo property income versus a $1,859/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1999
N/A lot
$N/A/sqft
$934 quarterly 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
Listed by: Kimberly Ann Clapp • The Jeter Group
Mls Name: WKRMLS
Mls ID: #129271
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.