174 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 174 Lincoln Station Dr, Simpsonville, KY, 40067 uses $142,214 cash to close to unlock $6,129/yr annual cash flow and $511/mo monthly cash flow. Total monthly income runs $3,122/mo, and a $2,100/mo payment keeps the spread at $511/mo. Purchase price stands at $429,000, and rental yield measures 8.73% with $3,122/mo rent. Return on cash invested shows 24.22% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 125.81% and total cumulative return in cash records $178,921. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,122/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 2004
8,276 sqft lot
$N/A/sqft
No 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: Lori Pennington • Exclusively Yours, REALTORS
Mls Name: GLARMLS
Mls ID: #1705780