607 Old Lock 21 Rd #21,Monticello,KY,42633

Investment Highlights

Investment property for sale in Monticello at 607 Old Lock 21 Rd #21, Monticello, KY, 42633 listed at $382,000 pairs $2,810/mo rent with a $1,870/mo payment to leave $485/mo cash flow. Total monthly income runs $2,810/mo, and annual cash flow reaches $5,817/yr on $126,633 cash to close. Return on cash invested measures 24.5% in year one, and rental yield registers 8.83% at a $382,000 basis. Equity gained on principal adds $2,465/yr, and annual property appreciation at 5% supports $105,540 by year five. Five-year ROI tracks 127.34% and total cumulative return in cash totals $161,249. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,810/mo property income relative to a $1,870/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).