269 Gravel Lick Branch 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 269 Gravel Lick Branch Rd, Waco, KY, 40385 offers $1,432/mo rent that, after a $1,037/mo payment, leaves $142/mo cash flow. Total monthly income is $1,432/mo, and annual cash flow is $1,710/yr on $70,245 cash. Return on cash invested measures 22.34% in year one, and rental yield stands at 8.11% at a $211,900 entry. Equity gained on principal adds $1,367/yr while 5% annual appreciation compounds into $58,544 by year five. Five-year ROI records 115.79% and total cumulative return in cash reaches $81,336. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,432/mo property income versus a $1,037/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
6.01 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: Wayne Sewell • The Agency
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25503275
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.