209 Lake Point DrNicholasvilleKY40356
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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 Nicholasville at 209 Lake Point Dr, Nicholasville, KY, 40356 priced at $625,000 pairs $1,272/mo rent with after a $3,059/mo payment. Total monthly income equals $1,272/mo. Return on cash invested is 5.29% in year one, and rental yield stands at 2.44% on a $625,000 basis. Equity gained on principal adds $4,033/yr, and 5% annual appreciation accumulates to $172,676 by year five. Five-year ROI measures 24.27% and total cumulative return in cash reaches $49,909. For financing, Ziffy Mortgage’s DSCR program evaluates $1,272/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40356, Nicholasville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,530 (100%) |
| Owner Occupied HU | 12,056 (65.1%) |
| Renter Occupied HU | 5,532 (29.9%) |
| Vacant Housing Units | 942 ( 5.1%) |
| Median Home Value | $258,201 |
| Average Home Value | $347,924 |
Housing Distribution
Address Breakdown
Residential
18,592
Single Family
17,420
Multi-Family
1,172
Businesses
1,282
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Listed by: N/A • N/A
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Mls ID: #N/A