6308 Lakeview 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 6308 Lakeview Dr, Catlettsburg, KY, 41129 with 5% annual appreciation on a $119,000 basis while $1,178/mo rent supports operations. Total monthly income totals $1,178/mo and a $582/mo payment preserves $454/mo for cash returns. Annual cash flow comes to $5,450/yr on $39,449 deployed, and return on cash invested reaches 33.73% in year one. Equity gained on principal adds $768/yr, and five-year appreciation sums $32,878 alongside rental yield of 11.88%. Five-year ROI measures 176.9% and total cumulative return in cash totals $69,785.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,178/mo property income versus a $582/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.25 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: Daniel Trippett • Prime Realty
Mls Name: AABR
Mls Provider:
Mls ID: #58704
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.