209 Crystal Lake RdWickliffeKY42087
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow209 Crystal Lake Rd, Wickliffe, KY, 42087 in Wickliffe earns its strong cash-flow label: 16.87% yield, $2,227/mo rent, $1,263/mo net income, DSCR 3.13. The $158,400 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $43,763 by year five. Combined with $1,459/yr in principal paydown, total projected return reaches $141,330.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.9% | 8.0% |
| Monthly Cash Flow | $1,263 | $150 |
City averages based on Wickliffe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,227 |
| Total Monthly Debt Service | $901 |
| DSCR Ratio | 2.47x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.