168 Virginia AveParisKY40361
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
Rental property for sale in Paris at 168 Virginia Ave, Paris, KY, 40361 priced at $295,000 converts $1,366/mo rent into after a $1,444/mo obligation. Total monthly income equals $1,366/mo. Return on cash invested prints 14.64% in year one, and rental yield reads 5.56% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 74.47% and total cumulative return in cash sums $72,830. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,366/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
N/A 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: Janet C Wigginton • Keller Williams Commonwealth - Georgetown
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25005520
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.