425-427 S Main StParisKY40361
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow425-427 S Main St, Paris, KY, 40361 in Paris earns its strong cash-flow label: 10.7% yield, $4,320/mo rent, $1,371/mo net income, DSCR 1.98. The $484,500 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $133,858 by year five. Combined with $4,462/yr in principal paydown, total projected return reaches $271,729.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 9.2% |
| Monthly Cash Flow | $1,371 | $450 |
City averages based on Paris market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,320 |
| Total Monthly Debt Service | $2,756 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in N/A
3,659 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
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
Multi Family
Built in N/A
3,659 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura C Jackson • Thwaites Realtors LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25013505
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.