1107 Beech Grove RdWickliffeKY42087
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 Wickliffe at 1107 Beech Grove Rd, Wickliffe, KY, 42087 priced at $159,900 converts $1,187/mo rent into $213/mo cash flow after a $783/mo obligation. Total monthly income equals $1,187/mo, and annual cash flow totals $2,561/yr on $53,007 invested. Return on cash invested prints 24.74% in year one, and rental yield reads 8.91% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 128.69% and total cumulative return in cash sums $68,214. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,187/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1.50 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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Nearby investment properties with comparable prices
Listed by: Austin Mourad • Housman Partners Real Estate
Mls Name: WKRMLS
Mls ID: #130308
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.