298 Deerpark DrWellingtonKY40387
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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 298 Deerpark Dr, Wellington, KY, 40387 earns from $1,051/mo rent with a $978/mo payment. Total monthly income totals $1,051/mo. ROI tracks 16.92% on current figures, and rental yield reads 6.31% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 86.67% and total cumulative return in cash sums $57,433. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,051/mo property income instead of your personal income.
Single Family
Built in N/A
0.58 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: R Michelle Rowland-Noble • Dream Maker Realty, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24026315
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.