149 Lincoln AveElizabethtownKY42701
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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
Rental property for sale in Elizabethtown at 149 Lincoln Ave, Elizabethtown, KY, 42701 priced at $125,000 converts $972/mo rent into $211/mo cash flow after a $612/mo obligation. Total monthly income equals $972/mo, and annual cash flow totals $2,532/yr on $41,438 invested. Return on cash invested prints 26.02% in year one, and rental yield reads 9.33% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 135.6% and total cumulative return in cash sums $56,189. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $972/mo property income covering a $612/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42701, Elizabethtown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,939 (100%) |
| Owner Occupied HU | 14,459 (58.0%) |
| Renter Occupied HU | 8,441 (33.8%) |
| Vacant Housing Units | 2,039 ( 8.2%) |
| Median Home Value | $285,806 |
| Average Home Value | $315,613 |
Housing Distribution
Address Breakdown
Residential
23,162
Single Family
22,694
Multi-Family
468
Businesses
1,879
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Listed by: Larry W Baker • Realty Advanced
Mls Name: GLARMLS
Mls ID: #1696726