308 Kentucky AveVersaillesKY40383
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 308 Kentucky Ave, Versailles, KY, 40383 priced at $238,000 pairs $1,740/mo rent with $291/mo cash flow after a $1,165/mo payment. Total monthly income equals $1,740/mo, and annual cash flow comes to $3,497/yr on $78,897 invested. Return on cash invested is 24.34% in year one, and rental yield stands at 8.77% on a $238,000 basis. Equity gained on principal adds $1,536/yr, and 5% annual appreciation accumulates to $65,755 by year five. Five-year ROI measures 126.51% and total cumulative return in cash reaches $99,814. For financing, Ziffy Mortgage’s DSCR program evaluates $1,740/mo property income against a $1,165/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
8,398 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Satterwhite • SimpliHOM
Mls Name: Imagine MLS
Mls ID: #25501994