1030 Virginia AveLawrenceburgKY40342
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 1030 Virginia Ave, Lawrenceburg, KY, 40342 uses $72,930 cash to close to unlock $2,230/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $1,525/mo, and a $1,077/mo payment keeps the spread at $186/mo. Purchase price stands at $220,000, and rental yield measures 8.32% with $1,525/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 119.11% and total cumulative return in cash records $86,867. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,525/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Manufactured
Built in 1988
0.65 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: Lois Ann Disponett • Lois Ann Disponett Real Est
Mls Name: Imagine MLS
Mls ID: #25504638