543 Waterworks RdWilliamstownKY41097
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 543 Waterworks Rd, Williamstown, KY, 41097 in Williamstown: $1,586/mo in rent, $228/mo in net income, 8.5% gross yield, 1.54 DSCR, all at $229,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $63,268 in appreciation and $2,109/yr in principal paydown projects total cumulative return of $99,138.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 8.0% |
| Monthly Cash Flow | $228 | $300 |
City averages based on Williamstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,586 |
| Total Monthly Debt Service | $1,303 |
| DSCR Ratio | 1.22x |
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.
Manufactured
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41097, Williamstown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,036 (100%) |
| Owner Occupied HU | 1,869 (61.6%) |
| Renter Occupied HU | 697 (23.0%) |
| Vacant Housing Units | 470 (15.5%) |
| Median Home Value | $234,124 |
| Average Home Value | $256,430 |
Housing Distribution
Address Breakdown
Residential
2,911
Single Family
2,844
Multi-Family
67
Businesses
223
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
Manufactured
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41097, Williamstown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,036 (100%) |
| Owner Occupied HU | 1,869 (61.6%) |
| Renter Occupied HU | 697 (23.0%) |
| Vacant Housing Units | 470 (15.5%) |
| Median Home Value | $234,124 |
| Average Home Value | $256,430 |
Housing Distribution
Address Breakdown
Residential
2,911
Single Family
2,844
Multi-Family
67
Businesses
223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elhannan Martin • Exp Realty, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25007755
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.