108 Rarrick AveNicholasvilleKY40356
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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
Rental property for sale in Nicholasville at 108 Rarrick Ave, Nicholasville, KY, 40356 offers $1,323/mo rent that, after a $854/mo payment, leaves $261/mo cash flow. Total monthly income is $1,323/mo, and annual cash flow is $3,133/yr on $57,847 cash. Return on cash invested measures 25.32% in year one, and rental yield stands at 9.1% at a $174,500 entry. Equity gained on principal adds $1,126/yr while 5% annual appreciation compounds into $48,211 by year five. Five-year ROI records 131.82% and total cumulative return in cash reaches $76,254. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,323/mo property income versus a $854/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40356, Nicholasville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,530 (100%) |
| Owner Occupied HU | 12,056 (65.1%) |
| Renter Occupied HU | 5,532 (29.9%) |
| Vacant Housing Units | 942 ( 5.1%) |
| Median Home Value | $258,201 |
| Average Home Value | $347,924 |
Housing Distribution
Address Breakdown
Residential
18,592
Single Family
17,420
Multi-Family
1,172
Businesses
1,282
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Listed by: Karen W Angelucci • Re/Max Elite Lexington
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25007613
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.