185 Turkey Ridge RdWellingtonKY40387
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 185 Turkey Ridge Rd, Wellington, KY, 40387 in Wellington at $154,900 earns $1,109/mo in rent and nets $166/mo after the $697/mo payment, a 8.59% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $42,796 over five years. Ziffy Mortgage underwrites this on a 1.59 DSCR without U.S. credit history. With $1,427/yr in principal paydown, total projected return reaches $69,381.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.5% |
| Monthly Cash Flow | $166 | $450 |
City averages based on Wellington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,109 |
| Total Monthly Debt Service | $881 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2021
0.43 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2021
0.43 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sue McClurg • Rector Hayden Realtors
Mls Name: Imagine MLS
Mls ID: #26002196