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Catch Herring Cheap
112 Herring Hts
Lancaster, KY, 40444
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Starting at
$25,000
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After-repair value
$115,000
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| ● Preapproved for financing with Evergreen Capital. Details below. |
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Open house
Tue, Sep 29
2:00 PM ET
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Offers due Wed, Sep 30 at 2:00 PM ET
Submit at or above $25,000. No extensions will be granted.
Buyer’s agents, include your commission in the offer. This is not first-come, first-served. Every buyer gets the same shot.
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Can’t make the showing?
Offer without walking it.
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Quick facts
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Bedrooms / baths
2 / 1
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Square feet
1,100
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Year built
1949
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Lot size
0.25 acres
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Market rent
$1,000/mo
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Occupancy
Owner Occupied
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Earnest money
$2,500
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Closing by
10/02/2026
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What makes this deal special
112 Herring Hts, Lancaster, KY 40444 is a great opportunity for the investor looking to pick up an affordable property and turn it into a cash-flowing rental asset. With a very cheap starting price and very simple upgrade to a 3 bedroom, there is plenty of room to create value through a straightforward rehab and position this property for long-term rental income.
This is the type of opportunity that can make sense for the buy-and-hold investor looking to add another door to the portfolio without a massive upfront acquisition cost. Bring the property back to rental-ready condition, get it leased, and build equity while creating a potential income-producing asset.
Low starting basis + value-add potential + rental demand = an opportunity worth taking a closer look at.
🔑 Investor Highlights:
Very low starting price
Strong rental-play potential
Opportunity to create a cash-flowing asset
Value-add through rehab and improvements
Great fit for a buy-and-hold strategy
Affordable entry point for investors looking to add another door
Savvy investors looking for an inexpensive rental acquisition should take a serious look at 112 Herring Hts. Get in at the right basis, add value, and turn this Lancaster property into a long-term income-producing asset!
Andy Klunder
Investment Sales Specialist, Rapid Fire Investments
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Comparable sales
107 Cowden Ct, Lancaster, KY 40444 2 bd / 1 ba | 968 sqft | closed Aug 2026 Renovated |
107 Sunset Ave, Lancaster, KY 40444 2 bd / 1 ba | 860 sqft | closed Dec 2025 Clean but outdated |
Pulled from public record and provided for reference only.
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Known repairs
These notes reflect what we saw at the walkthrough. They are estimates, not inspections.
Verify condition, comps, scope, and every figure in this email independently before you offer.
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Either way, offers are due Wed, Sep 30 at 2:00 PM ET.
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Andy Klunder
Investment Sales Specialist
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Terms of this deal
| $2,500 earnest money, hard day one. Forfeited if the buyer fails to perform; refundable if title issues arise or the seller backs out. |
| Closing on or before 10/02/2026. |
| Title is open with Brown & Thompson, PLLC. |
| Sight-unseen, no-contingency cash offers are accepted. |
| Agents: add your fee to the offer and bring us a buyer. |
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 Rapid Fire deals move fast. You need a lender who can keep up. This deal is preapproved for financing with Evergreen Capital. Evergreen is a private lender built by the same operators behind Rapid Fire, and the collateral on this house has already cleared their box. Get pre-qualified once and you are ready for this deal or the next one. No credit pull · Instant decision Evergreen Capital and Rapid Fire Investments share common ownership. Financing is not a condition of purchase and you are free to use any lender you choose. |
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Rapid Fire Investments, a DBA of Streamline Realty LLC
We are selling our assignable purchase contract, not the real property itself. Rapid Fire
Investments is not acting as your agent or fiduciary.
Full disclosures and disclaimers
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