68 Nelson StClayKY42404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Clay at 68 Nelson St, Clay, KY, 42404 with 5% annual appreciation on a $205,000 basis while $1,381/mo rent supports operations. Total monthly income totals $1,381/mo and a $1,003/mo payment preserves $134/mo for cash returns. Annual cash flow comes to $1,605/yr on $67,958 deployed, and return on cash invested reaches 22.27% in year one. Equity gained on principal adds $1,323/yr, and five-year appreciation sums $56,638 alongside rental yield of 8.08%. Five-year ROI measures 115.37% and total cumulative return in cash totals $78,402.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,381/mo property income versus a $1,003/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42404, Clay, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 759 (68.0%) |
| Renter Occupied HU | 206 (18.5%) |
| Vacant Housing Units | 151 (13.5%) |
| Median Home Value | $116,518 |
| Average Home Value | $200,807 |
Housing Distribution
Address Breakdown
Residential
936
Single Family
936
Multi-Family
0
Businesses
46
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