373 New Haven RdLancasterKY40444
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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 Lancaster at 373 New Haven Rd, Lancaster, KY, 40444 priced at $179,000 pairs $1,658/mo rent with $569/mo cash flow after a $876/mo payment. Total monthly income equals $1,658/mo, and annual cash flow comes to $6,824/yr on $59,339 invested. Return on cash invested is 31.41% in year one, and rental yield stands at 11.12% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. Five-year ROI measures 164.4% and total cumulative return in cash reaches $97,551. For financing, Ziffy Mortgage’s DSCR program evaluates $1,658/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1991
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40444, Lancaster, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,414 (100%) |
| Owner Occupied HU | 4,571 (71.3%) |
| Renter Occupied HU | 1,300 (20.3%) |
| Vacant Housing Units | 543 ( 8.5%) |
| Median Home Value | $251,449 |
| Average Home Value | $272,741 |
Housing Distribution
Address Breakdown
Residential
6,003
Single Family
5,996
Multi-Family
7
Businesses
321
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