216 Russell AveVersaillesKY40383
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
Investment property for sale in Versailles at 216 Russell Ave, Versailles, KY, 40383 with 5% annual appreciation on a $240,000 basis while $1,621/mo rent supports operations. Total monthly income totals $1,621/mo and a $1,175/mo payment preserves $160/mo for cash returns. Annual cash flow comes to $1,920/yr on $79,560 deployed, and return on cash invested reaches 22.32% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 8.11%. Five-year ROI measures 115.63% and total cumulative return in cash totals $91,994.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,621/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40383, Versailles, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,936 (100%) |
| Owner Occupied HU | 7,598 (69.5%) |
| Renter Occupied HU | 2,743 (25.1%) |
| Vacant Housing Units | 595 ( 5.4%) |
| Median Home Value | $311,634 |
| Average Home Value | $360,275 |
Housing Distribution
Address Breakdown
Residential
10,364
Single Family
10,233
Multi-Family
131
Businesses
769
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yoan Perez Bello • Americus Realty Group
Mls Name: GLARMLS
Mls ID: #1706702