1068 Beech Grove RdWickliffeKY42087
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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 Wickliffe at 1068 Beech Grove Rd, Wickliffe, KY, 42087 earns $212/mo cash flow from $942/mo rent with a $587/mo payment. Total monthly income totals $942/mo, and annual cash flow totals $2,544/yr on $39,780 capital. ROI tracks 26.3% on current figures, and rental yield reads 9.42% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 136.97% and total cumulative return in cash sums $54,487. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $942/mo property income instead of your personal income.
Single Family
Built in 2023
3.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42087, Wickliffe, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 716 (69.9%) |
| Renter Occupied HU | 156 (15.2%) |
| Vacant Housing Units | 153 (14.9%) |
| Median Home Value | $112,097 |
| Average Home Value | $224,906 |
Housing Distribution
Address Breakdown
Residential
913
Single Family
913
Multi-Family
0
Businesses
74
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