1016 Putter PointLawrenceburgKY40342
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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 Lawrenceburg at 1016 Putter Point, Lawrenceburg, KY, 40342 offers $4,372/mo rent that, after a $3,250/mo payment, leaves $331/mo cash flow. Total monthly income is $4,372/mo, and annual cash flow is $3,969/yr on $218,456 cash. Return on cash invested measures 21.88% in year one, and rental yield stands at 7.9% at a $664,000 entry. Equity gained on principal adds $4,285/yr while 5% annual appreciation compounds into $183,451 by year five. Five-year ROI records 113.22% and total cumulative return in cash reaches $247,337. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,372/mo property income versus a $3,250/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40342, Lawrenceburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,311 (100%) |
| Owner Occupied HU | 7,415 (71.9%) |
| Renter Occupied HU | 2,230 (21.6%) |
| Vacant Housing Units | 666 ( 6.5%) |
| Median Home Value | $228,938 |
| Average Home Value | $268,017 |
Housing Distribution
Address Breakdown
Residential
9,769
Single Family
9,769
Multi-Family
0
Businesses
641
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Listed by: Dianna Lowery-Pulliam • Century 21 Advantage Realty
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24014782
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.