344 Oak DrWaynesburgKY40489
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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 Waynesburg at 344 Oak Dr, Waynesburg, KY, 40489 listed at $1,600,000 pairs $12,738/mo rent with a $7,831/mo payment to leave $3,000/mo cash flow. Total monthly income runs $12,738/mo, and annual cash flow reaches $36,004/yr on $518,400 cash to close. Return on cash invested measures 27.32% in year one, and rental yield registers 9.55% at a $1,600,000 basis. Equity gained on principal adds $10,325/yr, and annual property appreciation at 5% supports $442,051 by year five. Five-year ROI tracks 142.32% and total cumulative return in cash totals $737,799. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $12,738/mo property income relative to a $7,831/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
25.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40489, Waynesburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,759 (100%) |
| Owner Occupied HU | 1,268 (72.1%) |
| Renter Occupied HU | 303 (17.2%) |
| Vacant Housing Units | 188 (10.7%) |
| Median Home Value | $145,221 |
| Average Home Value | $171,538 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,686
Multi-Family
0
Businesses
51
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No similar rental properties found nearby.
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Listed by: The Dream Team Real Estate Professionals - Dreama Bolin • Lake Cumberland Real Estate Professionals
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24011266
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.