6101 Woods Point DrCatlettsburgKY41129
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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 Catlettsburg at 6101 Woods Point Dr, Catlettsburg, KY, 41129 uses $66,267 cash to close to unlock $7,653/yr annual cash flow and $638/mo monthly cash flow. Total monthly income runs $1,854/mo, and a $978/mo payment keeps the spread at $638/mo. Purchase price stands at $199,900, and rental yield measures 11.13% with $1,854/mo rent. Return on cash invested shows 31.46% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 164.66% and total cumulative return in cash records $109,117. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,854/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41129, Catlettsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,176 (100%) |
| Owner Occupied HU | 2,953 (70.7%) |
| Renter Occupied HU | 722 (17.3%) |
| Vacant Housing Units | 501 (12.0%) |
| Median Home Value | $178,027 |
| Average Home Value | $224,248 |
Housing Distribution
Address Breakdown
Residential
3,831
Single Family
3,731
Multi-Family
100
Businesses
224
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Listed by: Teresa Brown • CENTURY 21 Advantage Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25017043
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