1753 Hammonds Creek RdLawrenceburgKY40342
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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 Lawrenceburg at 1753 Hammonds Creek Rd, Lawrenceburg, KY, 40342 generates $1,589/mo in rent and, after a $1,052/mo payment, leaves $281/mo in cash flow. Total monthly income is $1,589/mo, and annual cash flow is $3,369/yr on $71,273 invested. Return on cash invested sits at 24.64% in year one, and rental yield is 8.87% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 128.06% and total cumulative return in cash sums $91,273. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,589/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
1.11 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: Alyssa Weir • ERA Select Real Estate
Mls Name: Imagine MLS
Mls ID: #26000165