120 Linzi WayParisKY40361
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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
Investment property for sale in Paris at 120 Linzi Way, Paris, KY, 40361 uses $101,780 cash to close to unlock $29,414/yr annual cash flow and $2,451/mo monthly cash flow. Total monthly income runs $4,320/mo, and a $1,503/mo payment keeps the spread at $2,451/mo. Purchase price stands at $307,028, and rental yield measures 16.88% with $4,320/mo rent. Return on cash invested shows 48.81% in year one, and 5% annual appreciation builds toward $84,826 over five years. Five-year ROI reaches 257.72% and total cumulative return in cash records $262,306. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,320/mo property income covering a $1,503/mo payment rather than investor’s personal income.
Single Family
Built in 2024
6,368 sqft 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: Joseph M Sisson • Christie's International Real Estate Bluegrass
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24023798
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.