12352 Morehead RdWallingfordKY41093
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 Wallingford at 12352 Morehead Rd, Wallingford, KY, 41093 offers a 10.16% rental yield on a $177,777 purchase with $1,505/mo rent. Total monthly income registers $1,505/mo, and a $870/mo payment leaves $423/mo available for distribution. Annual cash flow reaches $5,078/yr on $58,933 to close, and return on cash invested stands at 28.53% in year one. Equity gained on principal adds $1,147/yr while 5% annual appreciation supports $49,117 over five years. Portfolio math shows five-year ROI at 148.99% and total cumulative return in cash at $87,807. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,505/mo property income against a $870/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
1.27 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: Keith White • CENTURY 21 Advantage Realty
Mls Name: Imagine MLS
Mls ID: #25504931