6502 Watson LnFlorenceKY41042
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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 Florence at 6502 Watson Ln, Florence, KY, 41042 earns $882/mo cash flow from $2,647/mo rent with a $1,419/mo payment. Total monthly income totals $2,647/mo, and annual cash flow totals $10,589/yr on $96,135 capital. ROI tracks 30.92% on current figures, and rental yield reads 10.95% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 161.8% and total cumulative return in cash sums $155,548. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,647/mo property income instead of your personal income.
Single Family
Built in 2000
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41042, Florence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,664 (100%) |
| Owner Occupied HU | 13,975 (59.1%) |
| Renter Occupied HU | 8,544 (36.1%) |
| Vacant Housing Units | 1,145 ( 4.8%) |
| Median Home Value | $243,210 |
| Average Home Value | $262,135 |
Housing Distribution
Address Breakdown
Residential
22,976
Single Family
16,237
Multi-Family
6,739
Businesses
2,027
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Listed by: Janell Stuckwisch • eXp Realty, LLC
Mls Name: NKMLS
Mls Provider:
Mls ID: #634241
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