1192 McCormick LnLawrenceburgKY40342
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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 Lawrenceburg at 1192 McCormick Ln, Lawrenceburg, KY, 40342 earns $169/mo cash flow from $2,512/mo rent with a $1,884/mo payment. Total monthly income totals $2,512/mo, and annual cash flow totals $2,031/yr on $127,628 capital. ROI tracks 21.5% on current figures, and rental yield reads 7.83% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 111.27% and total cumulative return in cash sums $142,006. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,512/mo property income instead of your personal income.
Single Family
Built in 2000
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40342, Lawrenceburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,311 (100%) |
| Owner Occupied HU | 7,415 (71.9%) |
| Renter Occupied HU | 2,230 (21.6%) |
| Vacant Housing Units | 666 ( 6.5%) |
| Median Home Value | $228,938 |
| Average Home Value | $268,017 |
Housing Distribution
Address Breakdown
Residential
9,769
Single Family
9,769
Multi-Family
0
Businesses
641
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Listed by: Dale Wesley • RE/MAX Performance Realty
Mls Name: GLARMLS
Mls ID: #1704057