988 Cantrell RdEddyvilleKY42038
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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
Rental property for sale in Eddyville at 988 Cantrell Rd, Eddyville, KY, 42038 priced at $339,900 pairs $2,126/mo rent with $57/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,126/mo, and annual cash flow comes to $683/yr on $112,677 invested. Return on cash invested is 20.52% in year one, and rental yield stands at 7.51% on a $339,900 basis. Equity gained on principal adds $2,193/yr, and 5% annual appreciation accumulates to $93,908 by year five. Five-year ROI measures 105.94% and total cumulative return in cash reaches $119,375. For financing, Ziffy Mortgage’s DSCR program evaluates $2,126/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42038, Eddyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,973 (100%) |
| Owner Occupied HU | 1,601 (53.9%) |
| Renter Occupied HU | 460 (15.5%) |
| Vacant Housing Units | 912 (30.7%) |
| Median Home Value | $255,702 |
| Average Home Value | $304,586 |
Housing Distribution
Address Breakdown
Residential
2,391
Single Family
2,391
Multi-Family
0
Businesses
225
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Listed by: Kelly Mitchell • KY Homes Realty
Mls Name: WKRMLS
Mls ID: #128598
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.