307 W Wyatt StFredoniaKY42411
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fredonia at 307 W Wyatt St, Fredonia, KY, 42411 offers $1,192/mo rent that, after a $827/mo payment, leaves $164/mo cash flow. Total monthly income is $1,192/mo, and annual cash flow is $1,963/yr on $56,024 cash. Return on cash invested measures 23.41% in year one, and rental yield stands at 8.46% at a $169,000 entry. Equity gained on principal adds $1,091/yr while 5% annual appreciation compounds into $46,692 by year five. Five-year ROI records 121.55% and total cumulative return in cash reaches $68,095. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,192/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42411, Fredonia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 682 (100%) |
| Owner Occupied HU | 524 (76.8%) |
| Renter Occupied HU | 63 ( 9.2%) |
| Vacant Housing Units | 95 (13.9%) |
| Median Home Value | $157,018 |
| Average Home Value | $215,892 |
Housing Distribution
Address Breakdown
Residential
717
Single Family
717
Multi-Family
0
Businesses
49
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