240 Hurricane RdWaynesburgKY40489
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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 Waynesburg at 240 Hurricane Rd, Waynesburg, KY, 40489 offers a 9.39% rental yield on a $129,900 purchase with $1,016/mo rent. Total monthly income registers $1,016/mo, and a $636/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,702/yr on $43,062 to close, and return on cash invested stands at 26.18% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 136.45% and total cumulative return in cash at $58,759. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,016/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1994
2 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: H Daniel Ayres • Danny Ayres Realty & Auction
Mls Name: Imagine MLS
Mls ID: #25017127