1105 State Route 1403LewisportKY42351
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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 Lewisport at 1105 State Route 1403, Lewisport, KY, 42351 generates $1,315/mo in rent and, after a $954/mo payment, leaves $129/mo in cash flow. Total monthly income is $1,315/mo, and annual cash flow is $1,543/yr on $64,643 invested. Return on cash invested sits at 22.3% in year one, and rental yield is 8.09% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 115.54% and total cumulative return in cash sums $74,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,315/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 2010
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42351, Lewisport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,908 (100%) |
| Owner Occupied HU | 1,294 (67.8%) |
| Renter Occupied HU | 443 (23.2%) |
| Vacant Housing Units | 171 ( 9.0%) |
| Median Home Value | $184,491 |
| Average Home Value | $198,431 |
Housing Distribution
Address Breakdown
Residential
1,707
Single Family
1,707
Multi-Family
0
Businesses
86
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