1860 Ford RdWinchesterKY40391
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 Winchester at 1860 Ford Rd, Winchester, KY, 40391 priced at $100,000 converts $941/mo rent into $333/mo cash flow after a $489/mo obligation. Total monthly income equals $941/mo, and annual cash flow totals $3,994/yr on $33,150 invested. Return on cash invested prints 31.96% in year one, and rental yield reads 11.29% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 167.32% and total cumulative return in cash sums $55,468. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $941/mo property income covering a $489/mo payment, not borrower’s personal income.
Manufactured
Built in N/A
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40391, Winchester, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,374 (100%) |
| Owner Occupied HU | 10,285 (62.8%) |
| Renter Occupied HU | 4,824 (29.5%) |
| Vacant Housing Units | 1,265 ( 7.7%) |
| Median Home Value | $223,867 |
| Average Home Value | $258,919 |
Housing Distribution
Address Breakdown
Residential
15,316
Single Family
15,081
Multi-Family
235
Businesses
872
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Omar Shalash • Tru Life Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25004393
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.