105 N Farmington DrLebanonKY40033
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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 Lebanon at 105 N Farmington Dr, Lebanon, KY, 40033 offers a 8.34% rental yield on a $269,900 purchase with $1,876/mo rent. Total monthly income registers $1,876/mo, and a $1,321/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,800/yr on $89,472 to close, and return on cash invested stands at 23.04% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 119.53% and total cumulative return in cash at $106,950. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,876/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40033, Lebanon, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,617 (100%) |
| Owner Occupied HU | 3,542 (63.1%) |
| Renter Occupied HU | 1,722 (30.7%) |
| Vacant Housing Units | 353 ( 6.3%) |
| Median Home Value | $185,778 |
| Average Home Value | $229,809 |
Housing Distribution
Address Breakdown
Residential
5,459
Single Family
5,355
Multi-Family
104
Businesses
476
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