115 Joy K Lynn StCeciliaKY42724
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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 Cecilia at 115 Joy K Lynn St, Cecilia, KY, 42724 uses $86,157 cash to close to unlock $6,219/yr annual cash flow and $518/mo monthly cash flow. Total monthly income runs $2,100/mo, and a $1,272/mo payment keeps the spread at $518/mo. Purchase price stands at $259,900, and rental yield measures 9.7% with $2,100/mo rent. Return on cash invested shows 27.13% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 141.47% and total cumulative return in cash records $121,882. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,100/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42724, Cecilia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,139 (100%) |
| Owner Occupied HU | 1,726 (80.7%) |
| Renter Occupied HU | 259 (12.1%) |
| Vacant Housing Units | 154 ( 7.2%) |
| Median Home Value | $260,156 |
| Average Home Value | $284,968 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
69
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Listed by: Scott M Alicna • AT HOME REALTY OF KENTUCKY, LLC
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25001921
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.