359 Lap Rollings RdBarlowKY42024
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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 Barlow at 359 Lap Rollings Rd, Barlow, KY, 42024 priced at $328,000 converts $2,282/mo rent into $286/mo cash flow after a $1,605/mo obligation. Total monthly income equals $2,282/mo, and annual cash flow totals $3,434/yr on $108,732 invested. Return on cash invested prints 23.07% in year one, and rental yield reads 8.35% against a $328,000 entry. Equity gained on principal adds $2,117/yr, while 5% annual appreciation compiles into $90,620 by year five. Five-year ROI reaches 119.68% and total cumulative return in cash sums $130,135. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,282/mo property income covering a $1,605/mo payment, not borrower’s personal income.
Single Family
Built in N/A
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42024, Barlow, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 471 (65.1%) |
| Renter Occupied HU | 155 (21.4%) |
| Vacant Housing Units | 97 (13.4%) |
| Median Home Value | $165,878 |
| Average Home Value | $179,151 |
Housing Distribution
Address Breakdown
Residential
471
Single Family
471
Multi-Family
0
Businesses
23
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Listed by: Shannon Copeland • Park Avenue Properties
Mls Name: WKRMLS
Mls ID: #133834
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.