2536 Tarr Ridge RdFrenchburgKY40322
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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 Frenchburg at 2536 Tarr Ridge Rd, Frenchburg, KY, 40322 generates $1,585/mo in rent, after a $1,948/mo payment. Total monthly income is $1,585/mo. Return on cash invested sits at 12.29% in year one, and rental yield is 4.78% on a $398,000 entry. Equity gained on principal adds $2,568/yr, while 5% annual appreciation builds toward $109,960 over five years. Five-year ROI reaches 61.87% and total cumulative return in cash sums $81,624. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,585/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
18.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40322, Frenchburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,566 (100%) |
| Owner Occupied HU | 994 (63.5%) |
| Renter Occupied HU | 348 (22.2%) |
| Vacant Housing Units | 224 (14.3%) |
| Median Home Value | $149,457 |
| Average Home Value | $141,517 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,388
Multi-Family
0
Businesses
86
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Listed by: Michelle Rush • SimpliHOM
Mls Name: Imagine MLS
Mls ID: #25015211