412 Turkey Ridge RdWellingtonKY40387
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
Investment Highlights
Investment property for sale in Wellington at 412 Turkey Ridge Rd, Wellington, KY, 40387 offers a 10.11% rental yield on a $148,000 purchase with $1,247/mo rent. Total monthly income registers $1,247/mo, and a $724/mo payment leaves $347/mo available for distribution. Annual cash flow reaches $4,160/yr on $49,062 to close, and return on cash invested stands at 28.39% in year one. Equity gained on principal adds $955/yr while 5% annual appreciation supports $40,890 over five years. Portfolio math shows five-year ROI at 148.22% and total cumulative return in cash at $72,722. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,247/mo property income against a $724/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.50 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: Whitney Thorpe • Sandy Stuart Realty
Mls Name: Imagine MLS
Mls ID: #25011664