206 S Main StWilliamstownKY41097
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 Williamstown at 206 S Main St, Williamstown, KY, 41097 offers $1,020/mo rent that, after a $1,199/mo payment. Total monthly income is $1,020/mo. Return on cash invested measures 12.95% in year one, and rental yield stands at 5% at a $244,900 entry. Equity gained on principal adds $1,580/yr while 5% annual appreciation compounds into $67,661 by year five. Five-year ROI records 65.44% and total cumulative return in cash reaches $53,129. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,020/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41097, Williamstown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,036 (100%) |
| Owner Occupied HU | 1,869 (61.6%) |
| Renter Occupied HU | 697 (23.0%) |
| Vacant Housing Units | 470 (15.5%) |
| Median Home Value | $234,124 |
| Average Home Value | $256,430 |
Housing Distribution
Address Breakdown
Residential
2,911
Single Family
2,844
Multi-Family
67
Businesses
223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keisha Whiteker • Bluegrass Real Estate Group, Inc.
Mls Name: NKMLS
Mls ID: #636043