104 S Walnut StWilmoreKY40390
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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 Wilmore at 104 S Walnut St, Wilmore, KY, 40390 offers a 8.48% rental yield on a $314,900 purchase with $2,224/mo rent. Total monthly income registers $2,224/mo, and a $1,541/mo payment leaves $308/mo available for distribution. Annual cash flow reaches $3,693/yr on $104,389 to close, and return on cash invested stands at 23.45% in year one. Equity gained on principal adds $2,032/yr while 5% annual appreciation supports $87,001 over five years. Portfolio math shows five-year ROI at 121.68% and total cumulative return in cash at $127,018. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,224/mo property income against a $1,541/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40390, Wilmore, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,900 (100%) |
| Owner Occupied HU | 1,776 (61.2%) |
| Renter Occupied HU | 895 (30.9%) |
| Vacant Housing Units | 229 ( 7.9%) |
| Median Home Value | $293,966 |
| Average Home Value | $377,776 |
Housing Distribution
Address Breakdown
Residential
2,560
Single Family
2,422
Multi-Family
138
Businesses
130
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