111 Tara LnWilmoreKY40390
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 Wilmore at 111 Tara Ln, Wilmore, KY, 40390 priced at $794,900 pairs $5,380/mo rent with $542/mo cash flow after a $3,891/mo payment. Total monthly income equals $5,380/mo, and annual cash flow comes to $6,501/yr on $261,522 invested. Return on cash invested is 22.55% in year one, and rental yield stands at 8.12% on a $794,900 basis. Equity gained on principal adds $5,129/yr, and 5% annual appreciation accumulates to $219,616 by year five. Five-year ROI measures 116.81% and total cumulative return in cash reaches $305,486. For financing, Ziffy Mortgage’s DSCR program evaluates $5,380/mo property income against a $3,891/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40390, Wilmore, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,900 (100%) |
| Owner Occupied HU | 1,776 (61.2%) |
| Renter Occupied HU | 895 (30.9%) |
| Vacant Housing Units | 229 ( 7.9%) |
| Median Home Value | $293,966 |
| Average Home Value | $377,776 |
Housing Distribution
Address Breakdown
Residential
2,560
Single Family
2,422
Multi-Family
138
Businesses
130
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Listed by: Maggie C Taylor • RE/MAX Creative Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25017026
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.