123 Chestnut LnVersaillesKY40383
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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 Versailles at 123 Chestnut Ln, Versailles, KY, 40383 uses $97,793 cash to close to unlock $2,982/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $2,044/mo, and a $1,444/mo payment keeps the spread at $248/mo. Purchase price stands at $295,000, and rental yield measures 8.31% with $2,044/mo rent. Return on cash invested shows 22.96% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 119.09% and total cumulative return in cash records $116,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,044/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1993
7,113 sqft lot
$N/A/sqft
No 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: Imagine MLS
Mls ID: #25504006