6129 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
Rental property for sale in Catlettsburg at 6129 Woods Point Dr, Catlettsburg, KY, 41129 priced at $169,900 converts $1,564/mo rent into $530/mo cash flow after a $832/mo obligation. Total monthly income equals $1,564/mo, and annual cash flow totals $6,354/yr on $56,322 invested. Return on cash invested prints 31.19% in year one, and rental yield reads 11.05% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 163.25% and total cumulative return in cash sums $91,946. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,564/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1971
N/A 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: Cole Craigmiles • Geneva Properties
Mls Name: AABR
Mls Provider:
Mls ID: #58529
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.