204 W Main StWarsawKY41095
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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 Warsaw at 204 W Main St, Warsaw, KY, 41095 priced at $227,000 pairs $1,788/mo rent with $406/mo cash flow after a $1,111/mo payment. Total monthly income equals $1,788/mo, and annual cash flow comes to $4,878/yr on $75,251 invested. Return on cash invested is 26.39% in year one, and rental yield stands at 9.45% on a $227,000 basis. Equity gained on principal adds $1,465/yr, and 5% annual appreciation accumulates to $62,716 by year five. Five-year ROI measures 137.49% and total cumulative return in cash reaches $103,465. For financing, Ziffy Mortgage’s DSCR program evaluates $1,788/mo property income against a $1,111/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41095, Warsaw, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,807 (100%) |
| Owner Occupied HU | 1,024 (56.7%) |
| Renter Occupied HU | 530 (29.3%) |
| Vacant Housing Units | 253 (14.0%) |
| Median Home Value | $178,788 |
| Average Home Value | $214,961 |
Housing Distribution
Address Breakdown
Residential
1,115
Single Family
876
Multi-Family
239
Businesses
118
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Listed by: Justin Johnson • Kentucky Land and Home
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012793
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.