333 E 4th St APT C6FrankfortKY40601
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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 Frankfort at 333 E 4th St APT C6, Frankfort, KY, 40601 uses $45,548 cash to close to unlock $399/yr annual cash flow and $33/mo monthly cash flow. Total monthly income runs $1,170/mo, and a $673/mo payment keeps the spread at $33/mo. Purchase price stands at $137,400, and rental yield measures 10.22% with $1,170/mo rent. Return on cash invested shows 20.79% in year one, and 5% annual appreciation builds toward $37,961 over five years. Five-year ROI reaches 110.36% and total cumulative return in cash records $50,266. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,170/mo property income covering a $673/mo payment rather than investor’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40601, Frankfort, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,967 (100%) |
| Owner Occupied HU | 14,825 (59.4%) |
| Renter Occupied HU | 8,031 (32.2%) |
| Vacant Housing Units | 2,111 ( 8.5%) |
| Median Home Value | $224,481 |
| Average Home Value | $274,145 |
Housing Distribution
Address Breakdown
Residential
23,301
Single Family
21,458
Multi-Family
1,843
Businesses
1,722
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Listed by: James O'connell • Lifstyl Real Estate
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24012338
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.