346 S Saint Paul StWingoKY42088
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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 Wingo at 346 S Saint Paul St, Wingo, KY, 42088 offers a 9.77% rental yield on a $145,900 purchase with $1,188/mo rent. Total monthly income registers $1,188/mo, and a $714/mo payment leaves $300/mo available for distribution. Annual cash flow reaches $3,602/yr on $48,366 to close, and return on cash invested stands at 27.36% in year one. Equity gained on principal adds $941/yr while 5% annual appreciation supports $40,309 over five years. Portfolio math shows five-year ROI at 142.74% and total cumulative return in cash at $69,039. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,188/mo property income against a $714/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42088, Wingo, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,126 (100%) |
| Owner Occupied HU | 821 (72.9%) |
| Renter Occupied HU | 176 (15.6%) |
| Vacant Housing Units | 129 (11.5%) |
| Median Home Value | $128,201 |
| Average Home Value | $166,900 |
Housing Distribution
Address Breakdown
Residential
1,132
Single Family
1,120
Multi-Family
12
Businesses
31
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Listed by: Debbie Hargrove • Barger Realty
Mls Name: WKRMLS
Mls ID: #132914
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.