831 E 7th AveCalvert 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 831 E 7th Ave, Calvert City, KY, 42029 generates $1,080/mo in rent, after a $1,027/mo payment. Total monthly income is $1,080/mo. Return on cash invested sits at 16.51% in year one, and rental yield is 6.17% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 84.46% and total cumulative return in cash sums $58,772. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.42 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: Jennifer Fisk • Housman Partners Benton Branch
Mls Name: WKRMLS
Mls ID: #132109
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.