811 Ridgeview DrFrankfortKY40601
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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 Frankfort at 811 Ridgeview Dr, Frankfort, KY, 40601 listed at $250,000 pairs $1,704/mo rent with a $1,224/mo payment to leave $182/mo cash flow. Total monthly income runs $1,704/mo, and annual cash flow reaches $2,185/yr on $82,875 cash to close. Return on cash invested measures 22.55% in year one, and rental yield registers 8.18% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 116.89% and total cumulative return in cash totals $96,874. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,704/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1985
0.27 Acres lot
$N/A/sqft
No 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: Stephanie West • Keller Williams Bluegrass Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25013434
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.