228 Sugartree LnVersaillesKY40383
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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 Versailles at 228 Sugartree Ln, Versailles, KY, 40383 with 5% annual appreciation on a $575,000 basis while $4,196/mo rent supports operations. Total monthly income totals $4,196/mo and a $2,814/mo payment preserves $447/mo for cash returns. Annual cash flow comes to $5,361/yr on $189,175 deployed, and return on cash invested reaches 22.89% in year one. Equity gained on principal adds $3,710/yr, and five-year appreciation sums $158,862 alongside rental yield of 8.76%. Five-year ROI measures 119.25% and total cumulative return in cash totals $225,599.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,196/mo property income versus a $2,814/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2024
N/A lot
$N/A/sqft
$250 monthly 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
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Listed by: Denise Patrick • Re/Max Creative Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24021063
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.