374 S Main StWinchesterKY40391
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
Investment property for sale in Winchester at 374 S Main St, Winchester, KY, 40391 listed at $199,500 pairs $1,397/mo rent with a $976/mo payment to leave $183/mo cash flow. Total monthly income runs $1,397/mo, and annual cash flow reaches $2,199/yr on $66,134 cash to close. Return on cash invested measures 23.23% in year one, and rental yield registers 8.4% at a $199,500 basis. Equity gained on principal adds $1,287/yr, and annual property appreciation at 5% supports $55,118 by year five. Five-year ROI tracks 120.6% and total cumulative return in cash totals $79,759. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,397/mo property income relative to a $976/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40391, Winchester, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,374 (100%) |
| Owner Occupied HU | 10,285 (62.8%) |
| Renter Occupied HU | 4,824 (29.5%) |
| Vacant Housing Units | 1,265 ( 7.7%) |
| Median Home Value | $223,867 |
| Average Home Value | $258,919 |
Housing Distribution
Address Breakdown
Residential
15,316
Single Family
15,081
Multi-Family
235
Businesses
872
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mila J Ensor • Ensor Real Estate, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24017233
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.