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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Clay at 8618 State Route 132 W, Clay, KY, 42404 earns $553/mo cash flow from $1,739/mo rent with a $954/mo payment. Total monthly income totals $1,739/mo, and annual cash flow totals $6,631/yr on $64,643 capital. ROI tracks 30.17% on current figures, and rental yield reads 10.7% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 157.75% and total cumulative return in cash sums $101,974. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,739/mo property income instead of your personal income.
Single Family
Built in 1994
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 42404, Clay, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 759 (68.0%) |
| Renter Occupied HU | 206 (18.5%) |
| Vacant Housing Units | 151 (13.5%) |
| Median Home Value | $116,518 |
| Average Home Value | $200,807 |
Residential
936
Single Family
936
Multi-Family
0
Businesses
46
Date | Event | Price |
|---|---|---|
| 2025-01-18 | Price change | $195,000 |
| 2024-08-26 | Listed for sale | $215,000 |
| 2016-05-09 | Sold | $148,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-02-20 | $1729.31 | 2.48% | $148,000 | N/A |
| 2019-02-20 | $1687.41 | 34.31% | $148,000 | N/A |
| 2018-02-20 | $1256.36 | 2.81% | $148,000 | N/A |
Listed by: Danielle N Alford • United Real Estate Louisville - Elizabethtown
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24003240
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.
