635 Paige CtVersaillesKY40383
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 Versailles at 635 Paige Ct, Versailles, KY, 40383 priced at $254,900 converts $1,574/mo rent into $22/mo cash flow after a $1,248/mo obligation. Total monthly income equals $1,574/mo, and annual cash flow totals $267/yr on $84,499 invested. Return on cash invested prints 20.22% in year one, and rental yield reads 7.41% against a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,424 by year five. Five-year ROI reaches 104.44% and total cumulative return in cash sums $88,248. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,574/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 1980
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40383, Versailles, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,936 (100%) |
| Owner Occupied HU | 7,598 (69.5%) |
| Renter Occupied HU | 2,743 (25.1%) |
| Vacant Housing Units | 595 ( 5.4%) |
| Median Home Value | $311,634 |
| Average Home Value | $360,275 |
Housing Distribution
Address Breakdown
Residential
10,364
Single Family
10,233
Multi-Family
131
Businesses
769
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Listed by: Teresa S Vance • Show Place Realty
Mls Name: Imagine MLS
Mls ID: #26000442