1651 Waits RdCynthianaKY41031
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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 Cynthiana at 1651 Waits Rd, Cynthiana, KY, 41031 offers a 5.46% rental yield on a $365,000 purchase with $1,662/mo rent. 37% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 73.01% and total cumulative return in cash at $88,339. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,662/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
4.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41031, Cynthiana, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,150 (100%) |
| Owner Occupied HU | 4,539 (63.5%) |
| Renter Occupied HU | 2,029 (28.4%) |
| Vacant Housing Units | 582 ( 8.1%) |
| Median Home Value | $216,923 |
| Average Home Value | $265,480 |
Housing Distribution
Address Breakdown
Residential
6,994
Single Family
6,891
Multi-Family
103
Businesses
491
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Listed by: Mary Todd Ashbrook • Palmer-Hampton Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012445
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.