2268 Flat Lick LnHerndonKY42236
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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
Investment property for sale in Herndon at 2268 Flat Lick Ln, Herndon, KY, 42236 earns from $1,988/mo rent with a $1,884/mo payment. Total monthly income totals $1,988/mo. ROI tracks 16.57% on current figures, and rental yield reads 6.2% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 84.85% and total cumulative return in cash sums $108,286. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,988/mo property income instead of your personal income.
Single Family
Built in 2006
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42236, Herndon, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 356 (100%) |
| Owner Occupied HU | 231 (64.9%) |
| Renter Occupied HU | 77 (21.6%) |
| Vacant Housing Units | 48 (13.5%) |
| Median Home Value | $242,339 |
| Average Home Value | $286,136 |
Housing Distribution
Address Breakdown
Residential
356
Single Family
356
Multi-Family
0
Businesses
20
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