1019 Michael BlvdLawrenceburgKY40342
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
Investment property for sale in Lawrenceburg at 1019 Michael Blvd, Lawrenceburg, KY, 40342 listed at $242,000 pairs $2,092/mo rent with a $1,184/mo payment to leave $620/mo cash flow. Total monthly income runs $2,092/mo, and annual cash flow reaches $7,435/yr on $80,223 cash to close. Return on cash invested measures 29.18% in year one, and rental yield registers 10.37% at a $242,000 basis. Equity gained on principal adds $1,562/yr, and annual property appreciation at 5% supports $66,860 by year five. Five-year ROI tracks 152.42% and total cumulative return in cash totals $122,274. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,092/mo property income relative to a $1,184/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
0.43 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy W Crutcher • Exit Realty Crutcher
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25015585
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.