113 Lynn LnFalmouthKY41040
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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 Falmouth at 113 Lynn Ln, Falmouth, KY, 41040 priced at $199,000 pairs $1,140/mo rent with after a $974/mo payment. Total monthly income equals $1,140/mo. Return on cash invested is 18.61% in year one, and rental yield stands at 6.87% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 95.76% and total cumulative return in cash reaches $63,174. For financing, Ziffy Mortgage’s DSCR program evaluates $1,140/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41040, Falmouth, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,370 (100%) |
| Owner Occupied HU | 2,111 (62.6%) |
| Renter Occupied HU | 808 (24.0%) |
| Vacant Housing Units | 451 (13.4%) |
| Median Home Value | $155,611 |
| Average Home Value | $176,611 |
Housing Distribution
Address Breakdown
Residential
3,082
Single Family
3,012
Multi-Family
70
Businesses
221
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