501 Gumbottom RdWacoKY40385
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 501 Gumbottom Rd, Waco, KY, 40385 in Waco: $1,631/mo in rent, $417/mo in net income, 9.81% gross yield, 1.82 DSCR, all at $199,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $55,118 in appreciation and $1,837/yr in principal paydown projects total cumulative return of $102,423.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 7.0% |
| Monthly Cash Flow | $417 | $550 |
City averages based on Waco market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,631 |
| Total Monthly Debt Service | $1,135 |
| DSCR Ratio | 1.44x |
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
3.25 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
3.25 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