105 Wendall LnFlat LickKY40935
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
Rental property for sale in Flat Lick at 105 Wendall Ln, Flat Lick, KY, 40935 offers $3,247/mo rent that, after a $1,904/mo payment, leaves $879/mo cash flow. Total monthly income is $3,247/mo, and annual cash flow is $10,553/yr on $128,954 cash. Return on cash invested measures 28.09% in year one, and rental yield stands at 10.02% at a $389,000 entry. Equity gained on principal adds $2,510/yr while 5% annual appreciation compounds into $107,474 by year five. Five-year ROI records 146.61% and total cumulative return in cash reaches $189,054. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,247/mo property income versus a $1,904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
4.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40935, Flat Lick, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,022 (100%) |
| Owner Occupied HU | 621 (60.8%) |
| Renter Occupied HU | 270 (26.4%) |
| Vacant Housing Units | 131 (12.8%) |
| Median Home Value | $89,519 |
| Average Home Value | $110,596 |
Housing Distribution
Address Breakdown
Residential
708
Single Family
708
Multi-Family
0
Businesses
16
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