47 Meadow Point DrLancasterKY40444
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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 47 Meadow Point Dr, Lancaster, KY, 40444 priced at $844,000 pairs $6,451/mo rent with $1,289/mo cash flow after a $4,131/mo payment. Total monthly income equals $6,451/mo, and annual cash flow comes to $15,471/yr on $277,676 invested. Return on cash invested is 25.63% in year one, and rental yield stands at 9.17% on a $844,000 basis. Equity gained on principal adds $5,446/yr, and 5% annual appreciation accumulates to $233,182 by year five. Five-year ROI measures 133.41% and total cumulative return in cash reaches $370,438. For financing, Ziffy Mortgage’s DSCR program evaluates $6,451/mo property income against a $4,131/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
1.25 Acres lot
$N/A/sqft
$300 annually 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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Listed by: Melia Realty Group - Melia Hord • Keller Williams Bluegrass Realty
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24016733
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