711 6th StCarrolltonKY41008
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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 Carrollton at 711 6th St, Carrollton, KY, 41008 priced at $125,000 converts $1,214/mo rent into $453/mo cash flow after a $612/mo obligation. Total monthly income equals $1,214/mo, and annual cash flow totals $5,436/yr on $41,438 invested. Return on cash invested prints 33.03% in year one, and rental yield reads 11.65% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 173.16% and total cumulative return in cash sums $71,753. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,214/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41008, Carrollton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,272 (100%) |
| Owner Occupied HU | 1,716 (52.4%) |
| Renter Occupied HU | 1,221 (37.3%) |
| Vacant Housing Units | 335 (10.2%) |
| Median Home Value | $172,917 |
| Average Home Value | $209,486 |
Housing Distribution
Address Breakdown
Residential
3,035
Single Family
2,989
Multi-Family
46
Businesses
354
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Nearby investment properties with comparable prices
Listed by: Angela Zateeny • Weichert Realtors - ABG
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1681500
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