205 E Washington StWinchesterKY40391
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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
Rental property for sale in Winchester at 205 E Washington St, Winchester, KY, 40391 priced at $124,900 converts $955/mo rent into $195/mo cash flow after a $611/mo obligation. Total monthly income equals $955/mo, and annual cash flow totals $2,342/yr on $41,404 invested. Return on cash invested prints 25.57% in year one, and rental yield reads 9.18% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 133.14% and total cumulative return in cash sums $55,126. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $955/mo property income covering a $611/mo payment, not borrower’s personal income.
Single Family
Built in 1940
5,662 sqft 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
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Listed by: W Patrick Arvin • Keller Williams Commonwealth
Mls Name: Imagine MLS
Mls ID: #25506086