235 Lake DrParkers LakeKY42634
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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 Parkers Lake at 235 Lake Dr, Parkers Lake, KY, 42634 at $144,900 posts ROI 33.06% with $526/mo cash flow from $1,408/mo rent. Total monthly income equals $1,408/mo, and annual cash flow records $6,316/yr on $48,034 to close. Return on cash invested measures 33.06% and rental yield reads 11.66% at the current $144,900. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 by year five. Five-year ROI prints 173.28% and total cumulative return in cash totals $83,233.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,408/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
2.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42634, Parkers Lake, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 612 (100%) |
| Owner Occupied HU | 448 (73.2%) |
| Renter Occupied HU | 82 (13.4%) |
| Vacant Housing Units | 82 (13.4%) |
| Median Home Value | $90,000 |
| Average Home Value | $125,446 |
Housing Distribution
Address Breakdown
Residential
553
Single Family
553
Multi-Family
0
Businesses
14
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Listed by: Ron Shaw • Weichert Realtors Ford Brothers, Inc.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25005973
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.