981 Lane CirVersaillesKY40383
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 Versailles at 981 Lane Cir, Versailles, KY, 40383 uses $193,452 cash to close to unlock $5,500/yr annual cash flow and $458/mo monthly cash flow. Total monthly income runs $4,037/mo, and a $2,878/mo payment keeps the spread at $458/mo. Purchase price stands at $588,000, and rental yield measures 8.24% with $4,037/mo rent. Return on cash invested shows 22.9% in year one, and 5% annual appreciation builds toward $162,454 over five years. Five-year ROI reaches 118.75% and total cumulative return in cash records $229,716. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,037/mo property income covering a $2,878/mo payment rather than investor’s personal income.
Single Family
Built in 2008
10,001 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Lane Shryock • Rector Hayden Realtors
Mls Name: Imagine MLS
Mls ID: #25503390