623 Lazy Trail RdNancyKY42544
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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 Nancy at 623 Lazy Trail Rd, Nancy, KY, 42544 listed at $189,900 pairs $1,762/mo rent with a $929/mo payment to leave $607/mo cash flow. Total monthly income runs $1,762/mo, and annual cash flow reaches $7,280/yr on $62,952 cash to close. Return on cash invested measures 31.47% in year one, and rental yield registers 11.13% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 164.74% and total cumulative return in cash totals $103,709. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,762/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42544, Nancy, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 2,120 (54.3%) |
| Renter Occupied HU | 480 (12.3%) |
| Vacant Housing Units | 1,304 (33.4%) |
| Median Home Value | $191,935 |
| Average Home Value | $236,939 |
Housing Distribution
Address Breakdown
Residential
2,871
Single Family
2,871
Multi-Family
0
Businesses
93
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Listed by: Tina Clay • Century 21 Advantage Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25008221
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.