312 Forrest DrLawrenceburgKY40342
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
Investment property for sale in Lawrenceburg at 312 Forrest Dr, Lawrenceburg, KY, 40342 at $245,000 posts ROI 22.11% with $149/mo cash flow from $1,640/mo rent. Total monthly income equals $1,640/mo, and annual cash flow records $1,788/yr on $81,218 to close. Return on cash invested measures 22.11% and rental yield reads 8.03% at the current $245,000. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 by year five. Five-year ROI prints 114.57% and total cumulative return in cash totals $93,048.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40342, Lawrenceburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,311 (100%) |
| Owner Occupied HU | 7,415 (71.9%) |
| Renter Occupied HU | 2,230 (21.6%) |
| Vacant Housing Units | 666 ( 6.5%) |
| Median Home Value | $228,938 |
| Average Home Value | $268,017 |
Housing Distribution
Address Breakdown
Residential
9,769
Single Family
9,769
Multi-Family
0
Businesses
641
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Nearby investment properties with comparable prices
Listed by: Dwight A Conway • Conway Real Estate
Mls Name: Imagine MLS
Mls ID: #25507069