278 Jessica WayStanfordKY40484
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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 Stanford at 278 Jessica Way, Stanford, KY, 40484 offers a 10.63% rental yield on a $199,900 purchase with $1,771/mo rent. Total monthly income registers $1,771/mo, and a $978/mo payment leaves $555/mo available for distribution. Annual cash flow reaches $6,657/yr on $66,267 to close, and return on cash invested stands at 29.96% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 156.59% and total cumulative return in cash at $103,765. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,771/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40484, Stanford, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,493 (100%) |
| Owner Occupied HU | 3,732 (67.9%) |
| Renter Occupied HU | 1,294 (23.6%) |
| Vacant Housing Units | 467 ( 8.5%) |
| Median Home Value | $153,286 |
| Average Home Value | $194,398 |
Housing Distribution
Address Breakdown
Residential
5,255
Single Family
5,208
Multi-Family
47
Businesses
381
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Listed by: Yolanda Smith • My Town Realty LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25013520
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.