255 College Hill RdWacoKY40385
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
Rental property for sale in Waco at 255 College Hill Rd, Waco, KY, 40385 priced at $230,000 pairs $2,504/mo rent with $1,104/mo cash flow after a $1,126/mo payment. Total monthly income equals $2,504/mo, and annual cash flow comes to $13,247/yr on $76,245 invested. Return on cash invested is 37.28% in year one, and rental yield stands at 13.06% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 195.86% and total cumulative return in cash reaches $149,335. For financing, Ziffy Mortgage’s DSCR program evaluates $2,504/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40385, Waco, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 1,143 (77.8%) |
| Renter Occupied HU | 213 (14.5%) |
| Vacant Housing Units | 113 ( 7.7%) |
| Median Home Value | $233,647 |
| Average Home Value | $285,385 |
Housing Distribution
Address Breakdown
Residential
1,248
Single Family
1,248
Multi-Family
0
Businesses
62
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Listed by: Steven G King • CENTURY 21 Advantage Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012314
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