214 S Burns AveWinchesterKY40391
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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 214 S Burns Ave, Winchester, KY, 40391 priced at $318,500 converts $2,225/mo rent into $286/mo cash flow after a $1,559/mo obligation. Total monthly income equals $2,225/mo, and annual cash flow totals $3,437/yr on $105,583 invested. Return on cash invested prints 23.16% in year one, and rental yield reads 8.38% against a $318,500 entry. Equity gained on principal adds $2,055/yr, while 5% annual appreciation compiles into $87,996 by year five. Five-year ROI reaches 120.18% and total cumulative return in cash sums $126,888. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,225/mo property income covering a $1,559/mo payment, not borrower’s personal income.
Single Family
Built in 1940
8,276 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: Christa Joynt • Keller Williams Commonwealth
Mls Name: Imagine MLS
Mls ID: #25506625