122 Linzi WayParisKY40361
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
Investment property for sale in Paris at 122 Linzi Way, Paris, KY, 40361 offers a 14.34% rental yield on a $361,503 purchase with $4,320/mo rent. Total monthly income registers $4,320/mo, and a $1,769/mo payment leaves $2,120/mo available for distribution. Annual cash flow reaches $25,443/yr on $119,838 to close, and return on cash invested stands at 41.14% in year one. Equity gained on principal adds $2,333/yr while 5% annual appreciation supports $99,877 over five years. Portfolio math shows five-year ROI at 216.58% and total cumulative return in cash at $259,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,320/mo property income against a $1,769/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,427 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew C Gerwin • Christie's International Real Estate Bluegrass
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24022961
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.