17710 Morehead RdWallingfordKY41093
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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 Wallingford at 17710 Morehead Rd, Wallingford, KY, 41093 uses $51,383 cash to close to unlock $135/yr annual cash flow and $11/mo monthly cash flow. Total monthly income runs $955/mo, and a $759/mo payment keeps the spread at $11/mo. Purchase price stands at $155,000, and rental yield measures 7.39% with $955/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 104.19% and total cumulative return in cash records $53,536. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $955/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41093, Wallingford, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,268 (100%) |
| Owner Occupied HU | 888 (70.0%) |
| Renter Occupied HU | 197 (15.5%) |
| Vacant Housing Units | 183 (14.4%) |
| Median Home Value | $137,946 |
| Average Home Value | $202,396 |
Housing Distribution
Address Breakdown
Residential
1,145
Single Family
1,145
Multi-Family
0
Businesses
22
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Listed by: Kasey Jasper • Century 21 Advantage Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24018101
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.