THORPE Plan, Woods at LakefieldIndependenceKY41051
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 Independence at THORPE Plan, Woods at Lakefield, Independence, KY, 41051 earns $1,189/mo cash flow from $3,391/mo rent with a $1,771/mo payment. Total monthly income totals $3,391/mo, and annual cash flow totals $14,266/yr on $119,937 capital. ROI tracks 31.8% on current figures, and rental yield reads 11.25% at a $361,800 purchase. Equity gained on principal adds $2,335/yr, and 5% annual appreciation supports $99,959 over five years. Five-year ROI reaches 166.5% and total cumulative return in cash sums $199,691. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,391/mo property income instead of your personal income.
Single Family
Built in 2024
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Dean • Drees Homes
Mls Name: Drees Homes
Mls Provider:
Mls ID: #N/A