131 Lincoln Station DrSimpsonvilleKY40067
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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 Simpsonville at 131 Lincoln Station Dr, Simpsonville, KY, 40067 offers a 9.32% rental yield on a $335,900 purchase with $2,608/mo rent. Total monthly income registers $2,608/mo, and a $1,644/mo payment leaves $539/mo available for distribution. Annual cash flow reaches $6,463/yr on $111,351 to close, and return on cash invested stands at 25.71% in year one. Equity gained on principal adds $2,168/yr while 5% annual appreciation supports $92,803 over five years. Portfolio math shows five-year ROI at 133.95% and total cumulative return in cash at $149,151. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,608/mo property income against a $1,644/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
$302 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40067, Simpsonville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,340 (100%) |
| Owner Occupied HU | 1,900 (81.2%) |
| Renter Occupied HU | 334 (14.3%) |
| Vacant Housing Units | 106 ( 4.5%) |
| Median Home Value | $359,211 |
| Average Home Value | $491,426 |
Housing Distribution
Address Breakdown
Residential
2,240
Single Family
2,240
Multi-Family
0
Businesses
288
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Listed by: Theresa L Smith • Enrich Realty, LLC
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1681791
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