12697 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 12697 Morehead Rd, Wallingford, KY, 41093 offers a 7.21% rental yield on a $329,900 purchase with $1,982/mo rent. 62% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 101.15% and total cumulative return in cash at $110,619. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,982/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
1.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angie Stevens • Homeland Real Estate Inc
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25010210
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.