249 Diamond LnWallingfordKY41093
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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
Rental property for sale in Wallingford at 249 Diamond Ln, Wallingford, KY, 41093 offers $1,169/mo rent that, after a $1,165/mo payment. Total monthly income is $1,169/mo. Return on cash invested measures 15.12% in year one, and rental yield stands at 5.89% at a $238,000 entry. Equity gained on principal adds $1,536/yr while 5% annual appreciation compounds into $65,755 by year five. Five-year ROI records 77.19% and total cumulative return in cash reaches $60,898. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,169/mo property income versus a $1,165/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.62 Acres lot
$N/A/sqft
$425 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41093, Wallingford, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,268 (100%) |
| Owner Occupied HU | 888 (70.0%) |
| Renter Occupied HU | 197 (15.5%) |
| Vacant Housing Units | 183 (14.4%) |
| Median Home Value | $137,946 |
| Average Home Value | $202,396 |
Housing Distribution
Address Breakdown
Residential
1,145
Single Family
1,145
Multi-Family
0
Businesses
22
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Listed by: Rebakah R Goodpaster • Keller Williams Legacy Group
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25017514
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.