101 Fox Ridge DrLancasterKY40444
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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 Lancaster at 101 Fox Ridge Dr, Lancaster, KY, 40444 offers $2,828/mo rent that, after a $1,728/mo payment, leaves $679/mo cash flow. Total monthly income is $2,828/mo, and annual cash flow is $8,152/yr on $117,020 cash. Return on cash invested measures 26.88% in year one, and rental yield stands at 9.61% at a $353,000 entry. Equity gained on principal adds $2,278/yr while 5% annual appreciation compounds into $97,527 by year five. Five-year ROI records 140.08% and total cumulative return in cash reaches $163,916. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,828/mo property income versus a $1,728/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40444, Lancaster, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,414 (100%) |
| Owner Occupied HU | 4,571 (71.3%) |
| Renter Occupied HU | 1,300 (20.3%) |
| Vacant Housing Units | 543 ( 8.5%) |
| Median Home Value | $251,449 |
| Average Home Value | $272,741 |
Housing Distribution
Address Breakdown
Residential
6,003
Single Family
5,996
Multi-Family
7
Businesses
321
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Listed by: Mimi Iverson • Real Broker, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25016839
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.