388 McRoberts RdWallingfordKY41093
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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 Wallingford at 388 McRoberts Rd, Wallingford, KY, 41093 priced at $725,000 converts $1,613/mo rent into after a $3,549/mo obligation. Total monthly income equals $1,613/mo. Return on cash invested prints 5.97% in year one, and rental yield reads 2.67% against a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,304 by year five. Five-year ROI reaches 27.96% and total cumulative return in cash sums $66,689. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,613/mo property income covering a $3,549/mo payment, not borrower’s personal income.
Single Family
Built in 1996
71.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41093, Wallingford, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,268 (100%) |
| Owner Occupied HU | 888 (70.0%) |
| Renter Occupied HU | 197 (15.5%) |
| Vacant Housing Units | 183 (14.4%) |
| Median Home Value | $137,946 |
| Average Home Value | $202,396 |
Housing Distribution
Address Breakdown
Residential
1,145
Single Family
1,145
Multi-Family
0
Businesses
22
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Listed by: Jill C Ratliff • Paragon Realty Partners
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25010097
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.