123 Cardinal DrLawrenceburgKY40342
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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 123 Cardinal Dr, Lawrenceburg, KY, 40342 with 5% annual appreciation on a $217,000 basis while $1,754/mo rent supports operations. Total monthly income totals $1,754/mo and a $1,062/mo payment preserves $433/mo for cash returns. Annual cash flow comes to $5,201/yr on $71,936 deployed, and return on cash invested reaches 27.14% in year one. Equity gained on principal adds $1,400/yr, and five-year appreciation sums $59,953 alongside rental yield of 9.7%. Five-year ROI measures 141.52% and total cumulative return in cash totals $101,801.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,754/mo property income versus a $1,062/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.46 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: David R Bishop • Bishop Realty & Auction, LLC.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24017944
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.