3023 State Highway 7WaylandKY41666
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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 Wayland at 3023 State Highway 7, Wayland, KY, 41666 listed at $210,000 pairs $0/mo rent with a $1,028/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.13% in year one, and rental yield registers 0% at a $210,000 basis. Equity gained on principal adds $1,355/yr, and annual property appreciation at 5% supports $58,019 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,028/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1111
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41666, Wayland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 371 (100%) |
| Owner Occupied HU | 242 (65.2%) |
| Renter Occupied HU | 64 (17.3%) |
| Vacant Housing Units | 65 (17.5%) |
| Median Home Value | $84,737 |
| Average Home Value | $92,676 |
Housing Distribution
Address Breakdown
Residential
189
Single Family
189
Multi-Family
0
Businesses
14
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Listed by: Rachael Nicole Johnson • Century 21 American Way Realty
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #126541
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.