1820 Pea Ridge RdWaddyKY40076
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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 Waddy at 1820 Pea Ridge Rd, Waddy, KY, 40076 offers a 4.22% rental yield on a $400,000 purchase with $1,408/mo rent. 62% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 52.9% and total cumulative return in cash at $70,144. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,408/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
6.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40076, Waddy, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,222 (100%) |
| Owner Occupied HU | 984 (80.5%) |
| Renter Occupied HU | 136 (11.1%) |
| Vacant Housing Units | 102 ( 8.3%) |
| Median Home Value | $331,760 |
| Average Home Value | $401,430 |
Housing Distribution
Address Breakdown
Residential
1,149
Single Family
1,149
Multi-Family
0
Businesses
45
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