40 Fairway Ct #14Perry ParkKY40363
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 40 Fairway Ct #14, Perry Park, KY, 40363 in Perry Park the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $134,900 price is below income-first thresholds, but 5%/yr value growth projects $37,270 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Perry Park market data in our database. Property projections are estimates.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40363, Perry Park, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 205 (100%) |
| Owner Occupied HU | 95 (46.3%) |
| Renter Occupied HU | 18 ( 8.8%) |
| Vacant Housing Units | 92 (44.9%) |
| Median Home Value | $168,269 |
| Average Home Value | $200,158 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40363, Perry Park, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 205 (100%) |
| Owner Occupied HU | 95 (46.3%) |
| Renter Occupied HU | 18 ( 8.8%) |
| Vacant Housing Units | 92 (44.9%) |
| Median Home Value | $168,269 |
| Average Home Value | $200,158 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Anna Rose • Ashcraft Real Estate Services
Mls Name: NKMLS
Mls ID: #635722