2714 Pea Ridge 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
Rental property for sale in Waddy at 2714 Pea Ridge Rd, Waddy, KY, 40076 generates $2,375/mo in rent, after a $4,038/mo payment. Total monthly income is $2,375/mo. Return on cash invested sits at 8.36% in year one, and rental yield is 3.45% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 40.74% and total cumulative return in cash sums $110,577. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,375/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
7.18 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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