1078 Cane Ridge 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 1078 Cane Ridge Rd, Paris, KY, 40361 offers $4,492/mo rent that, after a $3,341/mo payment, leaves $339/mo cash flow. Total monthly income is $4,492/mo, and annual cash flow is $4,064/yr on $224,543 cash. Return on cash invested measures 21.87% in year one, and rental yield stands at 7.9% at a $682,500 entry. Equity gained on principal adds $4,404/yr while 5% annual appreciation compounds into $188,562 by year five. Five-year ROI records 113.19% and total cumulative return in cash reaches $254,153. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,492/mo property income versus a $3,341/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
5.91 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
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Listed by: Susie C Rodes • Berkshire Hathaway De Movellan Properties
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25005373
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