540 Old Station RdFrankfortKY40601
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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 Frankfort at 540 Old Station Rd, Frankfort, KY, 40601 offers $2,468/mo rent that, after a $1,757/mo payment, leaves $271/mo cash flow. Total monthly income is $2,468/mo, and annual cash flow is $3,248/yr on $119,009 cash. Return on cash invested measures 22.64% in year one, and rental yield stands at 8.25% at a $359,000 entry. Equity gained on principal adds $2,317/yr while 5% annual appreciation compounds into $99,185 by year five. Five-year ROI records 117.39% and total cumulative return in cash reaches $139,699. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,468/mo property income versus a $1,757/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
9,395 sqft lot
$N/A/sqft
$150 annually 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
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Listed by: David B Dooley • CENTURY 21 Simpson & Associates
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25501340
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.