104 Lancaster LnCoxs CreekKY40013
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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 Coxs Creek at 104 Lancaster Ln, Coxs Creek, KY, 40013 priced at $289,900 converts $2,111/mo rent into $347/mo cash flow after a $1,419/mo obligation. Total monthly income equals $2,111/mo, and annual cash flow totals $4,158/yr on $96,102 invested. Return on cash invested prints 24.24% in year one, and rental yield reads 8.74% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 125.93% and total cumulative return in cash sums $121,017. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,111/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 2015
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40013, Coxs Creek, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,640 (100%) |
| Owner Occupied HU | 2,303 (87.2%) |
| Renter Occupied HU | 201 ( 7.6%) |
| Vacant Housing Units | 136 ( 5.2%) |
| Median Home Value | $273,274 |
| Average Home Value | $314,604 |
Housing Distribution
Address Breakdown
Residential
2,546
Single Family
2,546
Multi-Family
0
Businesses
45
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Listed by: Nick E Novak • Knob & Key Realty, LLC
Mls Name: GLARMLS
Mls ID: #1707038