3140 McCowans Ferry RdVersaillesKY40383
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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 3140 McCowans Ferry Rd, Versailles, KY, 40383 generates $3,712/mo in rent, after a $4,381/mo payment. Total monthly income is $3,712/mo. Return on cash invested sits at 12.99% in year one, and rental yield is 4.98% on a $895,000 entry. Equity gained on principal adds $5,775/yr, while 5% annual appreciation builds toward $247,272 over five years. Five-year ROI reaches 65.56% and total cumulative return in cash sums $193,046. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,712/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
5.08 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: Zach Davis • Kirkpatrick & Company
Mls Name: Imagine MLS
Mls ID: #25500834