119 Carolyn LnNicholasvilleKY40356
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 Nicholasville at 119 Carolyn Ln, Nicholasville, KY, 40356 priced at $422,500 pairs $2,725/mo rent with $154/mo cash flow after a $2,068/mo payment. Total monthly income equals $2,725/mo, and annual cash flow comes to $1,842/yr on $140,059 invested. Return on cash invested is 21.22% in year one, and rental yield stands at 7.74% on a $422,500 basis. Equity gained on principal adds $2,726/yr, and 5% annual appreciation accumulates to $116,729 by year five. Five-year ROI measures 109.76% and total cumulative return in cash reaches $153,732. For financing, Ziffy Mortgage’s DSCR program evaluates $2,725/mo property income against a $2,068/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40356, Nicholasville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,530 (100%) |
| Owner Occupied HU | 12,056 (65.1%) |
| Renter Occupied HU | 5,532 (29.9%) |
| Vacant Housing Units | 942 ( 5.1%) |
| Median Home Value | $258,201 |
| Average Home Value | $347,924 |
Housing Distribution
Address Breakdown
Residential
18,592
Single Family
17,420
Multi-Family
1,172
Businesses
1,282
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsay E Muzic • Emmerich Muzic Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25504073
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.