1949 Brent StParisKY40361
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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 Paris at 1949 Brent St, Paris, KY, 40361 uses $74,588 cash to close to unlock $3,562/yr annual cash flow and $297/mo monthly cash flow. Total monthly income runs $1,666/mo, and a $1,101/mo payment keeps the spread at $297/mo. Purchase price stands at $225,000, and rental yield measures 8.89% with $1,666/mo rent. Return on cash invested shows 24.69% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 128.32% and total cumulative return in cash records $95,709. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,666/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.37 Acres 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
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Listed by: Donna A Thwaites • Thwaites Realtors LLC
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24021375
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.