718 Elder StCalvert CityKY42029
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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 Calvert City at 718 Elder St, Calvert City, KY, 42029 priced at $149,900 converts $1,020/mo rent into $107/mo cash flow after a $734/mo obligation. Total monthly income equals $1,020/mo, and annual cash flow totals $1,288/yr on $49,692 invested. Return on cash invested prints 22.5% in year one, and rental yield reads 8.17% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 116.68% and total cumulative return in cash sums $57,983. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,020/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42029, Calvert City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,067 (100%) |
| Owner Occupied HU | 2,036 (66.4%) |
| Renter Occupied HU | 485 (15.8%) |
| Vacant Housing Units | 546 (17.8%) |
| Median Home Value | $210,231 |
| Average Home Value | $245,817 |
Housing Distribution
Address Breakdown
Residential
2,646
Single Family
2,646
Multi-Family
0
Businesses
267
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Listed by: Stephanie Clark • Park Avenue Properties
Mls Name: WKRMLS
Mls ID: #133826