224 Burley Ridge DrNicholasvilleKY40356
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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
Investment property for sale in Nicholasville at 224 Burley Ridge Dr, Nicholasville, KY, 40356 at $515,000 posts ROI 14.94% with from $2,435/mo rent. Total monthly income equals $2,435/mo. Return on cash invested measures 14.94% and rental yield reads 5.67% at the current $515,000. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 by year five. Five-year ROI prints 76.11% and total cumulative return in cash totals $128,953. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,435/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
871.20 sqft lot
$N/A/sqft
$276 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40356, Nicholasville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,530 (100%) |
| Owner Occupied HU | 12,056 (65.1%) |
| Renter Occupied HU | 5,532 (29.9%) |
| Vacant Housing Units | 942 ( 5.1%) |
| Median Home Value | $258,201 |
| Average Home Value | $347,924 |
Housing Distribution
Address Breakdown
Residential
18,592
Single Family
17,420
Multi-Family
1,172
Businesses
1,282
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Listed by: Maggie Wells • Real Broker, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25507309
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.