1840 Lola RdSmithlandKY42081
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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 Smithland at 1840 Lola Rd, Smithland, KY, 42081 generates $1,826/mo in rent, after a $2,423/mo payment. Total monthly income is $1,826/mo. Return on cash invested sits at 11.23% in year one, and rental yield is 4.43% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 56.18% and total cumulative return in cash sums $92,194. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,826/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42081, Smithland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,011 (100%) |
| Owner Occupied HU | 676 (66.9%) |
| Renter Occupied HU | 144 (14.2%) |
| Vacant Housing Units | 191 (18.9%) |
| Median Home Value | $138,710 |
| Average Home Value | $229,589 |
Housing Distribution
Address Breakdown
Residential
887
Single Family
875
Multi-Family
12
Businesses
56
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