600 Shun PikeNicholasvilleKY40356
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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
Investment property for sale in Nicholasville at 600 Shun Pike, Nicholasville, KY, 40356 uses $82,842 cash to close to unlock $3,914/yr annual cash flow and $326/mo monthly cash flow. Total monthly income runs $1,847/mo, and a $1,223/mo payment keeps the spread at $326/mo. Purchase price stands at $249,900, and rental yield measures 8.87% with $1,847/mo rent. Return on cash invested shows 24.63% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 128.1% and total cumulative return in cash records $106,118. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,847/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40356, Nicholasville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,530 (100%) |
| Owner Occupied HU | 12,056 (65.1%) |
| Renter Occupied HU | 5,532 (29.9%) |
| Vacant Housing Units | 942 ( 5.1%) |
| Median Home Value | $258,201 |
| Average Home Value | $347,924 |
Housing Distribution
Address Breakdown
Residential
18,592
Single Family
17,420
Multi-Family
1,172
Businesses
1,282
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Listed by: Amanda R McMillian • RE/MAX Elite Realty
Mls Name: Imagine MLS
Mls ID: #26000135