201 Danville StLancasterKY40444
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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 Lancaster at 201 Danville St, Lancaster, KY, 40444 generates $2,262/mo in rent, after a $2,445/mo payment. Total monthly income is $2,262/mo. Return on cash invested sits at 14.27% in year one, and rental yield is 5.43% on a $499,500 entry. Equity gained on principal adds $3,223/yr, while 5% annual appreciation builds toward $138,003 over five years. Five-year ROI reaches 72.46% and total cumulative return in cash sums $119,983. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,262/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40444, Lancaster, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,414 (100%) |
| Owner Occupied HU | 4,571 (71.3%) |
| Renter Occupied HU | 1,300 (20.3%) |
| Vacant Housing Units | 543 ( 8.5%) |
| Median Home Value | $251,449 |
| Average Home Value | $272,741 |
Housing Distribution
Address Breakdown
Residential
6,003
Single Family
5,996
Multi-Family
7
Businesses
321
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