Land Tract Corinth Rd #3LawrenceburgKY40342
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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
Total monthly income runs $1,440/mo, and a $1,454/mo payment. Purchase price stands at $297,000, and rental yield measures 5.82% with $1,440/mo rent. Return on cash invested shows 15.42% in year one, and 5% annual appreciation builds toward $82,056 over five years. Five-year ROI reaches 78.71% and total cumulative return in cash records $77,490. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $1,454/mo payment rather than investor’s personal income.
Single Family
Built in N/A
27.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40342, Lawrenceburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,311 (100%) |
| Owner Occupied HU | 7,415 (71.9%) |
| Renter Occupied HU | 2,230 (21.6%) |
| Vacant Housing Units | 666 ( 6.5%) |
| Median Home Value | $228,938 |
| Average Home Value | $268,017 |
Housing Distribution
Address Breakdown
Residential
9,769
Single Family
9,769
Multi-Family
0
Businesses
641
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Listed by: Lacy Baxter • EXIT REALTY CRUTCHER
Mls Name: EXIT Realty broker feed
Mls ID: #25012616