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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Prospect at 6714 Rest Way, Prospect, KY, 40059 earns $865/mo cash flow from $3,588/mo rent with a $2,190/mo payment. Total monthly income totals $3,588/mo, and annual cash flow totals $10,377/yr on $148,346 capital. ROI tracks 26.9% on current figures, and rental yield reads 9.62% at a $447,500 purchase. Equity gained on principal adds $2,888/yr, and 5% annual appreciation supports $123,636 over five years. Five-year ROI reaches 140.22% and total cumulative return in cash sums $208,009. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,588/mo property income instead of your personal income.
Single Family
Built in 1966
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 40059, Prospect, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,660 (100%) |
| Owner Occupied HU | 6,922 (79.9%) |
| Renter Occupied HU | 1,111 (12.8%) |
| Vacant Housing Units | 627 ( 7.2%) |
| Median Home Value | $575,166 |
| Average Home Value | $626,621 |
Residential
8,880
Single Family
7,686
Multi-Family
1,194
Businesses
581
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Shantil Newton • Infinite Homes Realty
Mls Name: GLARMLS
Mls ID: #1691935
