2466 Back Creek RdWaddyKY40076
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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 Waddy at 2466 Back Creek Rd, Waddy, KY, 40076 earns from $1,331/mo rent with a $5,873/mo payment. Total monthly income totals $1,331/mo. ROI tracks 1.94% on current figures, and rental yield reads 1.33% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 6.23% and total cumulative return in cash sums $24,227. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,331/mo property income instead of your personal income.
Single Family
Built in 1915
86.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40076, Waddy, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,222 (100%) |
| Owner Occupied HU | 984 (80.5%) |
| Renter Occupied HU | 136 (11.1%) |
| Vacant Housing Units | 102 ( 8.3%) |
| Median Home Value | $331,760 |
| Average Home Value | $401,430 |
Housing Distribution
Address Breakdown
Residential
1,149
Single Family
1,149
Multi-Family
0
Businesses
45
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