120 Ridge Way DrLebanonKY40033
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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 Lebanon at 120 Ridge Way Dr, Lebanon, KY, 40033 at $319,900 posts ROI 26.95% with $622/mo cash flow from $2,569/mo rent. Total monthly income equals $2,569/mo, and annual cash flow records $7,461/yr on $106,047 to close. Return on cash invested measures 26.95% and rental yield reads 9.64% at the current $319,900. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 by year five. Five-year ROI prints 140.44% and total cumulative return in cash totals $148,928.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,569/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40033, Lebanon, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,617 (100%) |
| Owner Occupied HU | 3,542 (63.1%) |
| Renter Occupied HU | 1,722 (30.7%) |
| Vacant Housing Units | 353 ( 6.3%) |
| Median Home Value | $185,778 |
| Average Home Value | $229,809 |
Housing Distribution
Address Breakdown
Residential
5,459
Single Family
5,355
Multi-Family
104
Businesses
476
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