176 Dogwood DrWellingtonKY40387
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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
Rental property for sale in Wellington at 176 Dogwood Dr, Wellington, KY, 40387 priced at $260,000 converts $1,176/mo rent into after a $1,273/mo obligation. Total monthly income equals $1,176/mo. Return on cash invested prints 14.24% in year one, and rental yield reads 5.43% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 72.38% and total cumulative return in cash sums $62,381. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,176/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40387, Wellington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,367 (100%) |
| Owner Occupied HU | 704 (51.5%) |
| Renter Occupied HU | 127 ( 9.3%) |
| Vacant Housing Units | 536 (39.2%) |
| Median Home Value | $104,600 |
| Average Home Value | $113,746 |
Housing Distribution
Address Breakdown
Residential
1,154
Single Family
1,154
Multi-Family
0
Businesses
11
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Listed by: Timothy Saylor • Exp Realty, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25007593
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.