1112 Covered Bridge RdWallingfordKY41093
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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 Wallingford at 1112 Covered Bridge Rd, Wallingford, KY, 41093 earns $344/mo cash flow from $1,044/mo rent with a $563/mo payment. Total monthly income totals $1,044/mo, and annual cash flow totals $4,128/yr on $38,123 capital. ROI tracks 30.74% on current figures, and rental yield reads 10.89% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 160.78% and total cumulative return in cash sums $61,293. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,044/mo property income instead of your personal income.
Single Family
Built in N/A
22.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41093, Wallingford, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,268 (100%) |
| Owner Occupied HU | 888 (70.0%) |
| Renter Occupied HU | 197 (15.5%) |
| Vacant Housing Units | 183 (14.4%) |
| Median Home Value | $137,946 |
| Average Home Value | $202,396 |
Housing Distribution
Address Breakdown
Residential
1,145
Single Family
1,145
Multi-Family
0
Businesses
22
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Listed by: Dustin Pennington • Keller Williams Legacy Group
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25017607
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.