250 Lily School RdLilyKY40740
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 Lily at 250 Lily School Rd, Lily, KY, 40740 offers $1,198/mo rent that, after a $778/mo payment, leaves $231/mo cash flow. Total monthly income is $1,198/mo, and annual cash flow is $2,766/yr on $52,709 cash. Return on cash invested measures 25.16% in year one, and rental yield stands at 9.04% at a $159,000 entry. Equity gained on principal adds $1,026/yr while 5% annual appreciation compounds into $43,929 by year five. Five-year ROI records 130.89% and total cumulative return in cash reaches $68,988. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,198/mo property income versus a $778/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40740, Lily, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,332 (100%) |
| Owner Occupied HU | 851 (63.9%) |
| Renter Occupied HU | 346 (26.0%) |
| Vacant Housing Units | 135 (10.1%) |
| Median Home Value | $137,618 |
| Average Home Value | $167,900 |
Housing Distribution
Address Breakdown
Residential
1,183
Single Family
1,183
Multi-Family
0
Businesses
27
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Listed by: Sheila Reeves • Revolution Realty, LLC
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24021232
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.