306 Parsons LnHarrodsburgKY40330
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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 Harrodsburg at 306 Parsons Ln, Harrodsburg, KY, 40330 with 5% annual appreciation on a $289,000 basis while $2,064/mo rent supports operations. Total monthly income totals $2,064/mo and a $1,415/mo payment preserves $305/mo for cash returns. Annual cash flow comes to $3,655/yr on $95,804 deployed, and return on cash invested reaches 23.72% in year one. Equity gained on principal adds $1,865/yr, and five-year appreciation sums $79,845 alongside rental yield of 8.57%. Five-year ROI measures 123.17% and total cumulative return in cash totals $117,998.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,064/mo property income versus a $1,415/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2025
10.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40330, Harrodsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,932 (100%) |
| Owner Occupied HU | 6,453 (65.0%) |
| Renter Occupied HU | 2,342 (23.6%) |
| Vacant Housing Units | 1,137 (11.4%) |
| Median Home Value | $225,704 |
| Average Home Value | $265,215 |
Housing Distribution
Address Breakdown
Residential
9,031
Single Family
8,900
Multi-Family
131
Businesses
590
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Listed by: Andrea W Gross • Keller Williams Bluegrass Realty
Mls Name: Imagine MLS
Mls ID: #25503793