275 McWhorter RdManchesterKY40962
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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 Manchester at 275 McWhorter Rd, Manchester, KY, 40962 offers $3,412/mo rent that, after a $2,834/mo payment. Total monthly income is $3,412/mo. Return on cash invested measures 19.35% in year one, and rental yield stands at 7.07% at a $579,000 entry. Equity gained on principal adds $3,736/yr while 5% annual appreciation compounds into $159,967 by year five. Five-year ROI records 99.72% and total cumulative return in cash reaches $189,955. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,412/mo property income versus a $2,834/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
12.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40962, Manchester, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,366 (100%) |
| Owner Occupied HU | 4,757 (64.6%) |
| Renter Occupied HU | 1,874 (25.4%) |
| Vacant Housing Units | 735 ( 10.0%) |
| Median Home Value | $91,071 |
| Average Home Value | $133,329 |
Housing Distribution
Address Breakdown
Residential
7,039
Single Family
6,987
Multi-Family
52
Businesses
479
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Nearby investment properties with comparable prices
Listed by: Jesse Sizemore • CENTURY 21 Advantage Realty
Mls Name: Imagine MLS
Mls ID: #25017834