800 Lincoln DrElizabethtownKY42701
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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 Elizabethtown at 800 Lincoln Dr, Elizabethtown, KY, 42701 offers $2,448/mo rent that, after a $1,219/mo payment, leaves $932/mo cash flow. Total monthly income is $2,448/mo, and annual cash flow is $11,187/yr on $82,544 cash. Return on cash invested measures 33.46% in year one, and rental yield stands at 11.8% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 175.42% and total cumulative return in cash reaches $144,800. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,448/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42701, Elizabethtown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,939 (100%) |
| Owner Occupied HU | 14,459 (58.0%) |
| Renter Occupied HU | 8,441 (33.8%) |
| Vacant Housing Units | 2,039 ( 8.2%) |
| Median Home Value | $285,806 |
| Average Home Value | $315,613 |
Housing Distribution
Address Breakdown
Residential
23,162
Single Family
22,694
Multi-Family
468
Businesses
1,879
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Listed by: Janet Perkins • RE/MAX Executive Group, Inc.
Mls Name: GLARMLS
Mls ID: #1688993