1248 Wilmoth LnCeciliaKY42724
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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 Cecilia at 1248 Wilmoth Ln, Cecilia, KY, 42724 generates $2,557/mo in rent, after a $7,457/mo payment. Total monthly income is $2,557/mo. Return on cash invested sits at 4.04% in year one, and rental yield is 2.01% on a $1,523,558 entry. Equity gained on principal adds $9,831/yr, while 5% annual appreciation builds toward $420,931 over five years. Five-year ROI reaches 17.53% and total cumulative return in cash sums $86,548. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,557/mo property income rather than buyer’s personal income.
Single Family
Built in 1896
162.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42724, Cecilia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,139 (100%) |
| Owner Occupied HU | 1,726 (80.7%) |
| Renter Occupied HU | 259 (12.1%) |
| Vacant Housing Units | 154 ( 7.2%) |
| Median Home Value | $260,156 |
| Average Home Value | $284,968 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
69
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Listed by: John & Joni Melloan Team • MELLOAN REAL ESTATE
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24001663
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.