15025 State Highway 1247WaynesburgKY40489
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 15025 State Highway 1247, Waynesburg, KY, 40489 in Waynesburg speaks for itself: 14.01% gross on a $175,000 price, generating $2,042/mo in rent and $977/mo in net income after the $787/mo debt service. DSCR 2.59, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,728 stacks alongside $48,349 in projected five-year appreciation and $1,612/yr in principal reduction. Projected total cumulative return: $129,153.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 7.1% |
| Monthly Cash Flow | $977 | $350 |
City averages based on Waynesburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,042 |
| Total Monthly Debt Service | $995 |
| DSCR Ratio | 2.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices