608 Vimont StParisKY40361
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 Paris at 608 Vimont St, Paris, KY, 40361 at $214,900 posts ROI 26.44% with $388/mo cash flow from $1,696/mo rent. Total monthly income equals $1,696/mo, and annual cash flow records $4,655/yr on $71,239 to close. Return on cash invested measures 26.44% and rental yield reads 9.47% at the current $214,900. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 by year five. Five-year ROI prints 137.73% and total cumulative return in cash totals $98,118.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,696/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
0.29 Acres 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
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Nearby investment properties with comparable prices
Listed by: Grenville Caruso • Rector Hayden Realtors
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24023089
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.