142 Waco Heights DrWacoKY40385
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 Waco at 142 Waco Heights Dr, Waco, KY, 40385 priced at $400,000 converts $2,468/mo rent into $23/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,468/mo, and annual cash flow totals $275/yr on $132,600 invested. Return on cash invested prints 20.12% in year one, and rental yield reads 7.4% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 103.84% and total cumulative return in cash sums $137,692. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,468/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 2020
1 Acres lot
$N/A/sqft
$125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40385, Waco, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 1,143 (77.8%) |
| Renter Occupied HU | 213 (14.5%) |
| Vacant Housing Units | 113 ( 7.7%) |
| Median Home Value | $233,647 |
| Average Home Value | $285,385 |
Housing Distribution
Address Breakdown
Residential
1,248
Single Family
1,248
Multi-Family
0
Businesses
62
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Listed by: Terry W Billiter • Premier Property Consultants
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25002129
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.