230 High StVersaillesKY40383
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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 Versailles at 230 High St, Versailles, KY, 40383 generates $1,177/mo in rent and, after a $758/mo payment, leaves $234/mo in cash flow. Total monthly income is $1,177/mo, and annual cash flow is $2,813/yr on $51,349 invested. Return on cash invested sits at 25.39% in year one, and rental yield is 9.12% on a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 132.15% and total cumulative return in cash sums $67,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,177/mo property income rather than buyer’s personal income.
Single Family
Built in 1877
0.43 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
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Listed by: Jack C Rookard • Rookard Real Estate Consultants
Mls Name: Imagine MLS
Mls ID: #25017571