2338 Cemetery RdWaynesburgKY40489
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
Investment Highlights
Investment property for sale in Waynesburg at 2338 Cemetery Rd, Waynesburg, KY, 40489 offers a 7.58% rental yield on a $185,000 purchase with $1,168/mo rent. Total monthly income registers $1,168/mo, and a $905/mo payment leaves $43/mo available for distribution. Annual cash flow reaches $510/yr on $61,328 to close, and return on cash invested stands at 20.74% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 107.19% and total cumulative return in cash at $65,739. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,168/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40489, Waynesburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,759 (100%) |
| Owner Occupied HU | 1,268 (72.1%) |
| Renter Occupied HU | 303 (17.2%) |
| Vacant Housing Units | 188 (10.7%) |
| Median Home Value | $145,221 |
| Average Home Value | $171,538 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,686
Multi-Family
0
Businesses
51
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Listed by: Edward Purvis • Weichert Realtors Ford Brothers, Inc.
Mls Name: Imagine MLS
Mls ID: #25505691