17 Waveland AveWinchesterKY40391
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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 Winchester at 17 Waveland Ave, Winchester, KY, 40391 listed at $109,900 pairs $877/mo rent with a $538/mo payment to leave $208/mo cash flow. Total monthly income runs $877/mo, and annual cash flow reaches $2,496/yr on $36,432 cash to close. Return on cash invested measures 26.76% in year one, and rental yield registers 9.58% at a $109,900 basis. Equity gained on principal adds $709/yr, and annual property appreciation at 5% supports $30,363 by year five. Five-year ROI tracks 139.57% and total cumulative return in cash totals $50,848. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $877/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40391, Winchester, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,374 (100%) |
| Owner Occupied HU | 10,285 (62.8%) |
| Renter Occupied HU | 4,824 (29.5%) |
| Vacant Housing Units | 1,265 ( 7.7%) |
| Median Home Value | $223,867 |
| Average Home Value | $258,919 |
Housing Distribution
Address Breakdown
Residential
15,316
Single Family
15,081
Multi-Family
235
Businesses
872
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Listed by: Darrell Lewis • DIYFlatFee.Com
Mls Name: My State MLS
Mls ID: #11630511