283 Browns Run RdWellingtonKY40387
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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 Wellington at 283 Browns Run Rd, Wellington, KY, 40387 at $319,900 posts ROI 23.94% with $356/mo cash flow from $2,303/mo rent. Total monthly income equals $2,303/mo, and annual cash flow records $4,269/yr on $106,047 to close. Return on cash invested measures 23.94% and rental yield reads 8.64% at the current $319,900. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 by year five. Five-year ROI prints 124.3% and total cumulative return in cash totals $131,816.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,303/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40387, Wellington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,367 (100%) |
| Owner Occupied HU | 704 (51.5%) |
| Renter Occupied HU | 127 ( 9.3%) |
| Vacant Housing Units | 536 (39.2%) |
| Median Home Value | $104,600 |
| Average Home Value | $113,746 |
Housing Distribution
Address Breakdown
Residential
1,154
Single Family
1,154
Multi-Family
0
Businesses
11
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Listed by: Kevin Rodney Combs • Mike Brown Real Estate & Auction Co, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24018367
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.