118 Lorah LnJunction CityKY40440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Junction City at 118 Lorah Ln, Junction City, KY, 40440 priced at $285,000 converts $2,186/mo rent into $451/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,186/mo, and annual cash flow totals $5,416/yr on $94,478 invested. Return on cash invested prints 25.64% in year one, and rental yield reads 9.2% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 133.49% and total cumulative return in cash sums $126,114. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,186/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40440, Junction City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 985 (100%) |
| Owner Occupied HU | 647 (65.7%) |
| Renter Occupied HU | 262 (26.6%) |
| Vacant Housing Units | 76 ( 7.7%) |
| Median Home Value | $145,139 |
| Average Home Value | $182,628 |
Housing Distribution
Address Breakdown
Residential
867
Single Family
867
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy M Miller • WEICHERT REALTORS - Ford Brothers
Mls Name: Imagine MLS
Mls ID: #25504803