107 Wayside CtCold SpringKY41076
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
Rental property for sale in Cold Spring at 107 Wayside Ct, Cold Spring, KY, 41076 generates $2,748/mo in rent and, after a $1,224/mo payment, leaves $1,226/mo in cash flow. Total monthly income is $2,748/mo, and annual cash flow is $14,713/yr on $82,875 invested. Return on cash invested sits at 37.66% in year one, and rental yield is 13.19% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 197.96% and total cumulative return in cash sums $164,062. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,748/mo property income rather than buyer’s personal income.
Condo
Built in 1991
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41076, Newport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,771 (100%) |
| Owner Occupied HU | 5,539 (71.3%) |
| Renter Occupied HU | 1,911 (24.6%) |
| Vacant Housing Units | 321 ( 4.1%) |
| Median Home Value | $275,264 |
| Average Home Value | $293,103 |
Housing Distribution
Address Breakdown
Residential
7,486
Single Family
5,195
Multi-Family
2,291
Businesses
480
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Downard • Huff Realty - CC
Mls Name: NKMLS
Mls ID: #635843