812 E 8th StParisKY40361
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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
Rental property for sale in Paris at 812 E 8th St, Paris, KY, 40361 priced at $179,000 converts $1,213/mo rent into $124/mo cash flow after a $876/mo obligation. Total monthly income equals $1,213/mo, and annual cash flow totals $1,484/yr on $59,339 invested. Return on cash invested prints 22.41% in year one, and rental yield reads 8.13% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 116.12% and total cumulative return in cash sums $68,907. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,213/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in N/A
3,484 sqft 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: Sue Kelley • Thwaites Realtors LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25009843
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.