113 Rumsey Cir UNIT DVersaillesKY40383
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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 Versailles at 113 Rumsey Cir UNIT D, Versailles, KY, 40383 offers $2,596/mo rent that, after a $2,166/mo payment. Total monthly income is $2,596/mo. Return on cash invested measures 16.63% in year one, and rental yield stands at 7.04% at a $442,500 entry. Equity gained on principal adds $2,855/yr while 5% annual appreciation compounds into $122,255 by year five. Five-year ROI records 86% and total cumulative return in cash reaches $126,159. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,596/mo property income versus a $2,166/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2013
N/A lot
$N/A/sqft
$912 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40383, Versailles, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,936 (100%) |
| Owner Occupied HU | 7,598 (69.5%) |
| Renter Occupied HU | 2,743 (25.1%) |
| Vacant Housing Units | 595 ( 5.4%) |
| Median Home Value | $311,634 |
| Average Home Value | $360,275 |
Housing Distribution
Address Breakdown
Residential
10,364
Single Family
10,233
Multi-Family
131
Businesses
769
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Listed by: Cindy Lane Shryock • Rector Hayden Realtors
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24020931
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.