766 Red River RdGilbertsvilleKY42044
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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 Gilbertsville at 766 Red River Rd, Gilbertsville, KY, 42044 priced at $289,900 converts $1,656/mo rent into after a $1,419/mo obligation. Total monthly income equals $1,656/mo. Return on cash invested prints 18.55% in year one, and rental yield reads 6.85% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 95.46% and total cumulative return in cash sums $91,737. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,656/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 1994
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42044, Gilbertsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,332 (100%) |
| Owner Occupied HU | 1,291 (55.4%) |
| Renter Occupied HU | 244 (10.5%) |
| Vacant Housing Units | 797 (34.2%) |
| Median Home Value | $279,534 |
| Average Home Value | $302,725 |
Housing Distribution
Address Breakdown
Residential
1,778
Single Family
1,778
Multi-Family
0
Businesses
48
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Listed by: Marcus Williams • Elite Realty
Mls Name: WKRMLS
Mls ID: #132991