416 Bell StParisKY40361
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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 Paris at 416 Bell St, Paris, KY, 40361 priced at $155,000 converts $1,594/mo rent into $650/mo cash flow after a $759/mo obligation. Total monthly income equals $1,594/mo, and annual cash flow totals $7,803/yr on $51,383 invested. Return on cash invested prints 35.1% in year one, and rental yield reads 12.34% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 184.23% and total cumulative return in cash sums $94,660. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,594/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40361, Paris, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,343 (100%) |
| Owner Occupied HU | 4,765 (57.1%) |
| Renter Occupied HU | 2,801 (33.6%) |
| Vacant Housing Units | 777 ( 9.3%) |
| Median Home Value | $227,816 |
| Average Home Value | $326,449 |
Housing Distribution
Address Breakdown
Residential
7,777
Single Family
7,740
Multi-Family
37
Businesses
510
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Listed by: Chad S. Nichols • Nichols Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012791
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.