714 Moon Bay Dr UNIT 2KuttawaKY42055
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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 Kuttawa at 714 Moon Bay Dr UNIT 2, Kuttawa, KY, 42055 generates $2,605/mo in rent, after a $2,325/mo payment. Total monthly income is $2,605/mo. Return on cash invested sits at 17.73% in year one, and rental yield is 6.58% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 91.01% and total cumulative return in cash sums $143,299. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,605/mo property income rather than buyer’s personal income.
Condo
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42055, Kuttawa, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,803 (100%) |
| Owner Occupied HU | 1,087 (60.3%) |
| Renter Occupied HU | 156 ( 8.7%) |
| Vacant Housing Units | 560 (31.1%) |
| Median Home Value | $237,745 |
| Average Home Value | $237,146 |
Housing Distribution
Address Breakdown
Residential
1,330
Single Family
1,330
Multi-Family
0
Businesses
66
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