GARRETT Plan, Woods at LakefieldIndependenceKY41051
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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 Independence at GARRETT Plan, Woods at Lakefield, Independence, KY, 41051 with 5% annual appreciation on a $341,700 basis while $2,750/mo rent supports operations. Total monthly income totals $2,750/mo and a $1,672/mo payment preserves $671/mo for cash returns. Annual cash flow comes to $8,050/yr on $113,274 deployed, and return on cash invested reaches 27.02% in year one. Equity gained on principal adds $2,205/yr, and five-year appreciation sums $94,405 alongside rental yield of 9.66%. Five-year ROI measures 140.81% and total cumulative return in cash totals $159,504.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,750/mo property income versus a $1,672/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41051, Independence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,467 (100%) |
| Owner Occupied HU | 9,379 (81.8%) |
| Renter Occupied HU | 1,783 (15.5%) |
| Vacant Housing Units | 305 ( 2.7%) |
| Median Home Value | $266,323 |
| Average Home Value | $300,312 |
Housing Distribution
Address Breakdown
Residential
11,820
Single Family
11,350
Multi-Family
470
Businesses
356
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Listed by: Braydon Ronnebaum • Drees Homes
Mls Name: Drees Homes
Mls Provider:
Mls ID: #N/A