660 Penick RdLebanonKY40033
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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 Lebanon at 660 Penick Rd, Lebanon, KY, 40033 uses $87,848 cash to close to unlock $1,899/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $1,771/mo, and a $1,297/mo payment keeps the spread at $158/mo. Purchase price stands at $265,000, and rental yield measures 8.02% with $1,771/mo rent. Return on cash invested shows 22.07% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 114.34% and total cumulative return in cash records $100,443. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,771/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1920
3.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40033, Lebanon, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,617 (100%) |
| Owner Occupied HU | 3,542 (63.1%) |
| Renter Occupied HU | 1,722 (30.7%) |
| Vacant Housing Units | 353 ( 6.3%) |
| Median Home Value | $185,778 |
| Average Home Value | $229,809 |
Housing Distribution
Address Breakdown
Residential
5,459
Single Family
5,355
Multi-Family
104
Businesses
476
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