1020 Cornish LnLawrenceburgKY40342
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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
Investment property for sale in Lawrenceburg at 1020 Cornish Ln, Lawrenceburg, KY, 40342 listed at $569,000 pairs $3,232/mo rent with a $2,785/mo payment. Total monthly income runs $3,232/mo. Return on cash invested measures 18.58% in year one, and rental yield registers 6.82% at a $569,000 basis. Equity gained on principal adds $3,672/yr, and annual property appreciation at 5% supports $157,204 by year five. Five-year ROI tracks 95.53% and total cumulative return in cash totals $178,835. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,232/mo property income relative to a $2,785/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
6.20 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: Jennifer Gindling • Kentucky Land And Home
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25014110
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.