124 Combs LnWilmoreKY40390
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 Wilmore at 124 Combs Ln, Wilmore, KY, 40390 offers $2,598/mo rent that, after a $1,823/mo payment, leaves $331/mo cash flow. Total monthly income is $2,598/mo, and annual cash flow is $3,973/yr on $123,484 cash. Return on cash invested measures 23.13% in year one, and rental yield stands at 8.37% at a $372,500 entry. Equity gained on principal adds $2,404/yr while 5% annual appreciation compounds into $102,915 by year five. Five-year ROI records 119.98% and total cumulative return in cash reaches $148,162. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,598/mo property income versus a $1,823/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices