1118 Slater 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
Investment property for sale in Wickliffe at 1118 Slater Rd, Wickliffe, KY, 42087 at $259,900 posts ROI 22.75% with $204/mo cash flow from $1,786/mo rent. Total monthly income equals $1,786/mo, and annual cash flow records $2,451/yr on $86,157 to close. Return on cash invested measures 22.75% and rental yield reads 8.25% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 118% and total cumulative return in cash totals $101,662.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,786/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
2.10 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: Amanda Johnson • Arnold Realty Group
Mls Name: WKRMLS
Mls ID: #128764
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.