465 McCormack RdWaddyKY40076
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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
Total monthly income runs $1,985/mo, and a $2,885/mo payment. Purchase price stands at $589,500, and rental yield measures 4.04% with $1,985/mo rent. Return on cash invested shows 10.15% in year one, and 5% annual appreciation builds toward $162,868 over five years. Five-year ROI reaches 50.32% and total cumulative return in cash records $97,587. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,985/mo property income covering a $2,885/mo payment rather than investor’s personal income.
Single Family
Built in 1988
12.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40076, Waddy, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,222 (100%) |
| Owner Occupied HU | 984 (80.5%) |
| Renter Occupied HU | 136 (11.1%) |
| Vacant Housing Units | 102 ( 8.3%) |
| Median Home Value | $331,760 |
| Average Home Value | $401,430 |
Housing Distribution
Address Breakdown
Residential
1,149
Single Family
1,149
Multi-Family
0
Businesses
45
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Listed by: Elizabeth Todd • Todd And Sons Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25010986
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.