103 Longview CtLancasterKY40444
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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 Lancaster at 103 Longview Ct, Lancaster, KY, 40444 uses $90,997 cash to close to unlock $16,283/yr annual cash flow and $1,357/mo monthly cash flow. Total monthly income runs $3,028/mo, and a $1,344/mo payment keeps the spread at $1,357/mo. Purchase price stands at $274,500, and rental yield measures 13.24% with $3,028/mo rent. Return on cash invested shows 37.8% in year one, and 5% annual appreciation builds toward $75,839 over five years. Five-year ROI reaches 198.66% and total cumulative return in cash records $180,778. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,028/mo property income covering a $1,344/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.75 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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