169 Ridge View RdVersaillesKY40383
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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 169 Ridge View Rd, Versailles, KY, 40383 offers a 8.23% rental yield on a $289,000 purchase with $1,982/mo rent. Total monthly income registers $1,982/mo, and a $1,415/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,671/yr on $95,804 to close, and return on cash invested stands at 22.7% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 117.66% and total cumulative return in cash at $112,718. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,982/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
3,484 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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Nearby investment properties with comparable prices
Listed by: Pamela Jury • Christies International Real Estate Bluegrass
Mls Name: Imagine MLS
Mls ID: #25014448