1355 Otter Lake LoopHansonKY42413
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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 Hanson at 1355 Otter Lake Loop, Hanson, KY, 42413 earns from $2,280/mo rent with a $2,668/mo payment. Total monthly income totals $2,280/mo. ROI tracks 13.12% on current figures, and rental yield reads 5.02% at a $545,000 purchase. Equity gained on principal adds $3,517/yr, and 5% annual appreciation supports $150,573 over five years. Five-year ROI reaches 66.26% and total cumulative return in cash sums $118,800. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,280/mo property income instead of your personal income.
Single Family
Built in 1993
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42413, Hanson, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,158 (100%) |
| Owner Occupied HU | 979 (84.5%) |
| Renter Occupied HU | 111 ( 9.6%) |
| Vacant Housing Units | 68 ( 5.9%) |
| Median Home Value | $188,375 |
| Average Home Value | $199,791 |
Housing Distribution
Address Breakdown
Residential
1,110
Single Family
1,110
Multi-Family
0
Businesses
48
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Listed by: Teresa Oliver • KY Homes Realty
Mls Name: WKRMLS
Mls ID: #132027
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.