1462 Cat Ridge RdWaddyKY40076
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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 Waddy at 1462 Cat Ridge Rd, Waddy, KY, 40076 listed at $509,500 pairs $2,234/mo rent with a $2,494/mo payment. Total monthly income runs $2,234/mo. Return on cash invested measures 13.85% in year one, and rental yield registers 5.26% at a $509,500 basis. Equity gained on principal adds $3,288/yr, and annual property appreciation at 5% supports $140,765 by year five. Five-year ROI tracks 70.19% and total cumulative return in cash totals $117,662. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,234/mo property income relative to a $2,494/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40076, Waddy, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,222 (100%) |
| Owner Occupied HU | 984 (80.5%) |
| Renter Occupied HU | 136 (11.1%) |
| Vacant Housing Units | 102 ( 8.3%) |
| Median Home Value | $331,760 |
| Average Home Value | $401,430 |
Housing Distribution
Address Breakdown
Residential
1,149
Single Family
1,149
Multi-Family
0
Businesses
45
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Listed by: Ashley Spencer • Keller Williams Commonwealth
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012945
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.