549 Houston Oaks DrParisKY40361
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
Rental property for sale in Paris at 549 Houston Oaks Dr, Paris, KY, 40361 priced at $500,175 converts $4,024/mo rent into $972/mo cash flow after a $2,448/mo obligation. Total monthly income equals $4,024/mo, and annual cash flow totals $11,660/yr on $164,558 invested. Return on cash invested prints 27.15% in year one, and rental yield reads 9.65% against a $500,175 entry. Equity gained on principal adds $3,228/yr, while 5% annual appreciation compiles into $138,189 by year five. Five-year ROI reaches 141.51% and total cumulative return in cash sums $232,863. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,024/mo property income covering a $2,448/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.33 Acres lot
$N/A/sqft
$100 annually 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: Courtney A Reed • Keller Williams Bluegrass Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24022153
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