1088-1090 N Melody LnLawrenceburgKY40342
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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 Lawrenceburg at 1088-1090 N Melody Ln, Lawrenceburg, KY, 40342 earns from $1,492/mo rent with a $1,383/mo payment. Total monthly income totals $1,492/mo. ROI tracks 16.99% on current figures, and rental yield reads 6.34% at a $282,500 purchase. Equity gained on principal adds $1,823/yr, and 5% annual appreciation supports $78,050 over five years. Five-year ROI reaches 87.08% and total cumulative return in cash sums $81,554. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,492/mo property income instead of your personal income.
Multi Family
Built in 1982
0.34 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
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Listed by: Al Peach • Peach Real Estate
Mls Name: Imagine MLS
Mls ID: #25506082