18 Ryswick LnFrankfortKY40601
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 Frankfort at 18 Ryswick Ln, Frankfort, KY, 40601 priced at $419,500 converts $2,250/mo rent into after a $2,053/mo obligation. Total monthly income equals $2,250/mo. Return on cash invested prints 17.26% in year one, and rental yield reads 6.44% against a $419,500 entry. Equity gained on principal adds $2,707/yr, while 5% annual appreciation compiles into $115,900 by year five. Five-year ROI reaches 88.5% and total cumulative return in cash sums $123,078. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,250/mo property income covering a $2,053/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.70 Acres lot
$N/A/sqft
$50 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Prather • Century 21 Simpson & Associates
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006202
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.