925 Lockmier RdAugustaKY41002
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Augusta at 925 Lockmier Rd, Augusta, KY, 41002 listed at $1,400,000 pairs $1,440/mo rent with a $6,852/mo payment. Total monthly income runs $1,440/mo. Return on cash invested measures 1.64% in year one, and rental yield registers 1.23% at a $1,400,000 basis. Equity gained on principal adds $9,034/yr, and annual property appreciation at 5% supports $386,794 by year five. Five-year ROI tracks 4.63% and total cumulative return in cash totals $21,007. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $6,852/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
125 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41002, Augusta, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,183 (100%) |
| Owner Occupied HU | 724 (61.2%) |
| Renter Occupied HU | 323 (27.3%) |
| Vacant Housing Units | 136 (11.5%) |
| Median Home Value | $129,545 |
| Average Home Value | $230,010 |
Housing Distribution
Address Breakdown
Residential
1,081
Single Family
1,057
Multi-Family
24
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices