506 Ann StFrankfortKY40601
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 Frankfort at 506 Ann St, Frankfort, KY, 40601 with 5% annual appreciation on a $526,000 basis while $2,504/mo rent supports operations. 22% in year one. Equity gained on principal adds $3,394/yr, and five-year appreciation sums $145,324 alongside rental yield of 5.71%. Five-year ROI measures 77.55% and total cumulative return in cash totals $134,207. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,504/mo property income versus a $2,575/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Musgove • The Brokerage
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25014770
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.