213 Horn DrLawrenceburgKY40342
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 213 Horn Dr, Lawrenceburg, KY, 40342 priced at $184,900 converts $1,724/mo rent into $599/mo cash flow after a $905/mo obligation. Total monthly income equals $1,724/mo, and annual cash flow totals $7,184/yr on $61,294 invested. Return on cash invested prints 31.63% in year one, and rental yield reads 11.19% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 165.56% and total cumulative return in cash sums $101,479. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,724/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.30 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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Nearby investment properties with comparable prices
Listed by: Jason Crask • THRIVE Realty
Mls Name: Imagine MLS
Mls ID: #25015322