15025 State Highway 1247WaynesburgKY40489
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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 Waynesburg at 15025 State Highway 1247, Waynesburg, KY, 40489 listed at $175,000 pairs $2,042/mo rent with a $857/mo payment to leave $976/mo cash flow. Total monthly income runs $2,042/mo, and annual cash flow reaches $11,718/yr on $58,013 cash to close. Return on cash invested measures 40.11% in year one, and rental yield registers 14% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 211.04% and total cumulative return in cash totals $122,431. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,042/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40489, Waynesburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,759 (100%) |
| Owner Occupied HU | 1,268 (72.1%) |
| Renter Occupied HU | 303 (17.2%) |
| Vacant Housing Units | 188 (10.7%) |
| Median Home Value | $145,221 |
| Average Home Value | $171,538 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,686
Multi-Family
0
Businesses
51
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Listed by: Curtis Brown • Keller Williams Commonwealth
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24007961
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.