111 Dickerson CtLancasterKY40444
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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 Lancaster at 111 Dickerson Ct, Lancaster, KY, 40444 earns $390/mo cash flow from $1,595/mo rent with a $969/mo payment. Total monthly income totals $1,595/mo, and annual cash flow totals $4,681/yr on $65,637 capital. ROI tracks 27.04% on current figures, and rental yield reads 9.67% at a $198,000 purchase. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 over five years. Five-year ROI reaches 141.02% and total cumulative return in cash sums $92,560. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,595/mo property income instead of your personal income.
Single Family
Built in 1954
9,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40444, Lancaster, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,414 (100%) |
| Owner Occupied HU | 4,571 (71.3%) |
| Renter Occupied HU | 1,300 (20.3%) |
| Vacant Housing Units | 543 ( 8.5%) |
| Median Home Value | $251,449 |
| Average Home Value | $272,741 |
Housing Distribution
Address Breakdown
Residential
6,003
Single Family
5,996
Multi-Family
7
Businesses
321
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