242 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 242 Sugartree Ln, Versailles, KY, 40383 with 5% annual appreciation on a $579,000 basis while $2,291/mo rent supports operations. 29% in year one. Equity gained on principal adds $3,736/yr, and five-year appreciation sums $159,967 alongside rental yield of 4.75%. Five-year ROI measures 61.85% and total cumulative return in cash totals $117,823. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,291/mo property income versus a $2,834/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2025
N/A 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: Denise Patrick • Re/Max Creative Realty
Mls Name: Imagine MLS
Mls ID: #25015397