245 Thoroughbred LnElizabethtownKY42701
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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 Elizabethtown at 245 Thoroughbred Ln, Elizabethtown, KY, 42701 with 5% annual appreciation on a $419,500 basis while $2,468/mo rent supports operations. 18% in year one. Equity gained on principal adds $2,707/yr, and five-year appreciation sums $115,900 alongside rental yield of 7.06%. Five-year ROI measures 98.8% and total cumulative return in cash totals $137,394. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,468/mo property income versus a $2,053/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42701, Elizabethtown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,939 (100%) |
| Owner Occupied HU | 14,459 (58.0%) |
| Renter Occupied HU | 8,441 (33.8%) |
| Vacant Housing Units | 2,039 ( 8.2%) |
| Median Home Value | $285,806 |
| Average Home Value | $315,613 |
Housing Distribution
Address Breakdown
Residential
23,162
Single Family
22,694
Multi-Family
468
Businesses
1,879
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Listed by: Jayme S Burden • United Real Estate Louisville
Mls Name: RASK
Mls ID: #RA20253393