403 Bethlehem RdWacoKY40385
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 403 Bethlehem Rd, Waco, KY, 40385 in Waco hard to pass up. The 10.99% gross yield on a $280,000 purchase results in $2,563/mo in rent and $859/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.04). Annual cash flow of $10,309, five-year appreciation of $77,359, and $2,579/yr in equity build-up combine for a projected total cumulative return of $161,365.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 7.0% |
| Monthly Cash Flow | $859 | $550 |
City averages based on Waco market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,563 |
| Total Monthly Debt Service | $1,593 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40385, Waco, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 1,143 (77.8%) |
| Renter Occupied HU | 213 (14.5%) |
| Vacant Housing Units | 113 ( 7.7%) |
| Median Home Value | $233,647 |
| Average Home Value | $285,385 |
Housing Distribution
Address Breakdown
Residential
1,248
Single Family
1,248
Multi-Family
0
Businesses
62
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
Single Family
Built in N/A
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40385, Waco, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 1,143 (77.8%) |
| Renter Occupied HU | 213 (14.5%) |
| Vacant Housing Units | 113 ( 7.7%) |
| Median Home Value | $233,647 |
| Average Home Value | $285,385 |
Housing Distribution
Address Breakdown
Residential
1,248
Single Family
1,248
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie L Anglin • Century 21 Pinnacle
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012546
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.