133 Wallace AveFrankfortKY40601
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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 Frankfort at 133 Wallace Ave, Frankfort, KY, 40601 with 5% annual appreciation on a $127,000 basis while $963/mo rent supports operations. Total monthly income totals $963/mo and a $622/mo payment preserves $190/mo for cash returns. Annual cash flow comes to $2,276/yr on $42,101 deployed, and return on cash invested reaches 25.31% in year one. Equity gained on principal adds $820/yr, and five-year appreciation sums $35,088 alongside rental yield of 9.1%. Five-year ROI measures 131.76% and total cumulative return in cash totals $55,473.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $963/mo property income versus a $622/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
2,117 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40601, Frankfort, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,967 (100%) |
| Owner Occupied HU | 14,825 (59.4%) |
| Renter Occupied HU | 8,031 (32.2%) |
| Vacant Housing Units | 2,111 ( 8.5%) |
| Median Home Value | $224,481 |
| Average Home Value | $274,145 |
Housing Distribution
Address Breakdown
Residential
23,301
Single Family
21,458
Multi-Family
1,843
Businesses
1,722
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