60 Lakeside DrCynthianaKY41031
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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 Cynthiana at 60 Lakeside Dr, Cynthiana, KY, 41031 priced at $253,000 pairs $1,814/mo rent with $275/mo cash flow after a $1,238/mo payment. Total monthly income equals $1,814/mo, and annual cash flow comes to $3,294/yr on $83,870 invested. Return on cash invested is 23.84% in year one, and rental yield stands at 8.6% on a $253,000 basis. Equity gained on principal adds $1,633/yr, and 5% annual appreciation accumulates to $69,899 by year five. Five-year ROI measures 123.78% and total cumulative return in cash reaches $103,816. For financing, Ziffy Mortgage’s DSCR program evaluates $1,814/mo property income against a $1,238/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41031, Cynthiana, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,150 (100%) |
| Owner Occupied HU | 4,539 (63.5%) |
| Renter Occupied HU | 2,029 (28.4%) |
| Vacant Housing Units | 582 ( 8.1%) |
| Median Home Value | $216,923 |
| Average Home Value | $265,480 |
Housing Distribution
Address Breakdown
Residential
6,994
Single Family
6,891
Multi-Family
103
Businesses
491
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