457 Wilkerson RdLucasKY42156
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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 Lucas at 457 Wilkerson Rd, Lucas, KY, 42156 offers a 6.57% rental yield on a $350,000 purchase with $1,916/mo rent. 69% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 90.82% and total cumulative return in cash at $105,374. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,916/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
4.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42156, Lucas, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 232 (100%) |
| Owner Occupied HU | 124 (53.4%) |
| Renter Occupied HU | 36 (15.5%) |
| Vacant Housing Units | 72 (31.0%) |
| Median Home Value | $260,000 |
| Average Home Value | $280,302 |
Housing Distribution
Address Breakdown
Residential
195
Single Family
195
Multi-Family
0
Businesses
10
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Listed by: Lydia Smith Towe • Keller Williams First Choice Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20250078
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