106 Squires Pointe RdParisKY40361
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
Rental property for sale in Paris at 106 Squires Pointe Rd, Paris, KY, 40361 generates $3,092/mo in rent and, after a $1,884/mo payment, leaves $749/mo in cash flow. Total monthly income is $3,092/mo, and annual cash flow is $8,991/yr on $127,628 invested. Return on cash invested sits at 26.95% in year one, and rental yield is 9.64% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 140.5% and total cumulative return in cash sums $179,314. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,092/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40361, Paris, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,343 (100%) |
| Owner Occupied HU | 4,765 (57.1%) |
| Renter Occupied HU | 2,801 (33.6%) |
| Vacant Housing Units | 777 ( 9.3%) |
| Median Home Value | $227,816 |
| Average Home Value | $326,449 |
Housing Distribution
Address Breakdown
Residential
7,777
Single Family
7,740
Multi-Family
37
Businesses
510
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna A Thwaites • Thwaites Realtors LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012789
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.