616 Stewart RdWingoKY42088
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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
Rental property for sale in Wingo at 616 Stewart Rd, Wingo, KY, 42088 priced at $139,500 converts $1,106/mo rent into $257/mo cash flow after a $683/mo obligation. Total monthly income equals $1,106/mo, and annual cash flow totals $3,081/yr on $46,244 invested. Return on cash invested prints 26.57% in year one, and rental yield reads 9.51% against a $139,500 entry. Equity gained on principal adds $900/yr, while 5% annual appreciation compiles into $38,541 by year five. Five-year ROI reaches 138.46% and total cumulative return in cash sums $64,029. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,106/mo property income covering a $683/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42088, Wingo, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,126 (100%) |
| Owner Occupied HU | 821 (72.9%) |
| Renter Occupied HU | 176 (15.6%) |
| Vacant Housing Units | 129 (11.5%) |
| Median Home Value | $128,201 |
| Average Home Value | $166,900 |
Housing Distribution
Address Breakdown
Residential
1,132
Single Family
1,120
Multi-Family
12
Businesses
31
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