307 Lana LnLeitchfieldKY42754
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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 Leitchfield at 307 Lana Ln, Leitchfield, KY, 42754 priced at $575,000 converts $1,625/mo rent into after a $2,814/mo obligation. Total monthly income equals $1,625/mo. Return on cash invested prints 8.17% in year one, and rental yield reads 3.39% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 39.73% and total cumulative return in cash sums $75,167. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,625/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 2006
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42754, Leitchfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,578 (100%) |
| Owner Occupied HU | 4,560 (60.2%) |
| Renter Occupied HU | 1,838 (24.3%) |
| Vacant Housing Units | 1,180 (15.6%) |
| Median Home Value | $200,527 |
| Average Home Value | $235,996 |
Housing Distribution
Address Breakdown
Residential
7,047
Single Family
7,047
Multi-Family
0
Businesses
465
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Listed by: Dana Stewart • Welcome Home Realty Group
Mls Name: GLARMLS
Mls ID: #1692982