2615 Hopkins Cemetery RdLilyKY40740
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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
Rental property for sale in Lily at 2615 Hopkins Cemetery Rd, Lily, KY, 40740 generates $1,288/mo in rent and, after a $832/mo payment, leaves $253/mo in cash flow. Total monthly income is $1,288/mo, and annual cash flow is $3,041/yr on $56,355 invested. Return on cash invested sits at 25.31% in year one, and rental yield is 9.09% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 131.7% and total cumulative return in cash sums $74,217. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,288/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
4.40 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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