131 W Kelly StWaverlyKY42462
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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
Investment property for sale in Waverly at 131 W Kelly St, Waverly, KY, 42462 listed at $172,000 pairs $1,163/mo rent with a $842/mo payment to leave $116/mo cash flow. Total monthly income runs $1,163/mo, and annual cash flow reaches $1,392/yr on $57,018 cash to close. Return on cash invested measures 22.35% in year one, and rental yield registers 8.11% at a $172,000 basis. Equity gained on principal adds $1,110/yr, and annual property appreciation at 5% supports $47,520 by year five. Five-year ROI tracks 115.9% and total cumulative return in cash totals $66,085. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,163/mo property income relative to a $842/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
9,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42462, Waverly, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 603 (100%) |
| Owner Occupied HU | 470 (77.9%) |
| Renter Occupied HU | 87 (14.4%) |
| Vacant Housing Units | 46 ( 7.6%) |
| Median Home Value | $215,000 |
| Average Home Value | $198,910 |
Housing Distribution
Address Breakdown
Residential
530
Single Family
530
Multi-Family
0
Businesses
21
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Listed by: Kristen Bloodworth • ERA FIRST ADVANTAGE
Mls Name: HAMLS
Mls Provider:
Mls ID: #240532
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.