2050 Austin Tracy RdLucasKY42156
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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 Lucas at 2050 Austin Tracy Rd, Lucas, KY, 42156 priced at $400,800 pairs $1,672/mo rent with after a $1,962/mo payment. Total monthly income equals $1,672/mo. Return on cash invested is 12.98% in year one, and rental yield stands at 5.01% on a $400,800 basis. Equity gained on principal adds $2,586/yr, and 5% annual appreciation accumulates to $110,734 by year five. Five-year ROI measures 65.55% and total cumulative return in cash reaches $87,099. For financing, Ziffy Mortgage’s DSCR program evaluates $1,672/mo property income against a $1,962/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42156, Lucas, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 232 (100%) |
| Owner Occupied HU | 124 (53.4%) |
| Renter Occupied HU | 36 (15.5%) |
| Vacant Housing Units | 72 (31.0%) |
| Median Home Value | $260,000 |
| Average Home Value | $280,302 |
Housing Distribution
Address Breakdown
Residential
195
Single Family
195
Multi-Family
0
Businesses
10
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