209 Crystal Lake RdWickliffeKY42087
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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 Wickliffe at 209 Crystal Lake Rd, Wickliffe, KY, 42087 listed at $158,400 pairs $2,227/mo rent with a $775/mo payment to leave $1,263/mo cash flow. Total monthly income runs $2,227/mo, and annual cash flow reaches $15,159/yr on $52,510 cash to close. Return on cash invested measures 48.78% in year one, and rental yield registers 16.87% at a $158,400 basis. Equity gained on principal adds $1,022/yr, and annual property appreciation at 5% supports $43,763 by year five. Five-year ROI tracks 257.6% and total cumulative return in cash totals $135,267. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,227/mo property income relative to a $775/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42087, Wickliffe, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 716 (69.9%) |
| Renter Occupied HU | 156 (15.2%) |
| Vacant Housing Units | 153 (14.9%) |
| Median Home Value | $112,097 |
| Average Home Value | $224,906 |
Housing Distribution
Address Breakdown
Residential
913
Single Family
913
Multi-Family
0
Businesses
74
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Listed by: Lisa Humphrey • Elite Realty
Mls Name: WKRMLS
Mls ID: #128742
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.