721 Cedar StCalvert CityKY42029
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 Calvert City at 721 Cedar St, Calvert City, KY, 42029 uses $40,400 cash to close to unlock $13,281/yr annual cash flow and $1,107/mo monthly cash flow. Total monthly income runs $1,848/mo, and a $597/mo payment keeps the spread at $1,107/mo. Purchase price stands at $121,871, and rental yield measures 18.2% with $1,848/mo rent. Return on cash invested shows 52.78% in year one, and 5% annual appreciation builds toward $33,671 over five years. Five-year ROI reaches 279.04% and total cumulative return in cash records $112,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,848/mo property income covering a $597/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.28 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samantha McKay • The Jeter Group
Mls Name: WKRMLS
Mls ID: #133386
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.