38 Courtney Peck RdWellingtonKY40387
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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
Rental property for sale in Wellington at 38 Courtney Peck Rd, Wellington, KY, 40387 generates $1,577/mo in rent and, after a $685/mo payment, leaves $725/mo in cash flow. Total monthly income is $1,577/mo, and annual cash flow is $8,702/yr on $46,410 invested. Return on cash invested sits at 38.66% in year one, and rental yield is 13.52% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 203.33% and total cumulative return in cash sums $94,366. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,577/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
1 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: Taylor Norton • McCallie Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25504312
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.