0 Hobart LnNancyKY42544
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
Rental property for sale in Nancy at 0 Hobart Ln, Nancy, KY, 42544 offers $2,587/mo rent that, after a $2,080/mo payment, leaves $1/mo cash flow. Total monthly income is $2,587/mo, and annual cash flow is $6/yr on $140,888 cash. Return on cash invested measures 19.91% in year one, and rental yield stands at 7.3% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 102.74% and total cumulative return in cash reaches $144,749. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,587/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
4.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42544, Nancy, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 2,120 (54.3%) |
| Renter Occupied HU | 480 (12.3%) |
| Vacant Housing Units | 1,304 (33.4%) |
| Median Home Value | $191,935 |
| Average Home Value | $236,939 |
Housing Distribution
Address Breakdown
Residential
2,871
Single Family
2,871
Multi-Family
0
Businesses
93
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Nearby investment properties with comparable prices
Listed by: Rebecca Howard • Keller Williams Commonwealth
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24013139
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.