111 Berry Patch DrWilmoreKY40390
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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
Rental property for sale in Wilmore at 111 Berry Patch Dr, Wilmore, KY, 40390 generates $1,934/mo in rent and, after a $1,136/mo payment, leaves $522/mo in cash flow. Total monthly income is $1,934/mo, and annual cash flow is $6,258/yr on $76,908 invested. Return on cash invested sits at 28.05% in year one, and rental yield is 10% on a $232,000 entry. Equity gained on principal adds $1,497/yr, while 5% annual appreciation builds toward $64,097 over five years. Five-year ROI reaches 146.37% and total cumulative return in cash sums $112,571. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,934/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
5,566 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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Listed by: Kristy L Gooch • RE/MAX Elite Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25505716
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.