6177 State Highway 746WellingtonKY40387
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 6177 State Highway 746, Wellington, KY, 40387 in Wellington is narrow, $128/mo net on $1,156/mo rent after the $741/mo debt service, but the property operates at break-even-plus, not a loss. At $164,900 with a 8.23% yield, the long-run equity case via 5% appreciation ($45,559 over five years) and $1,519/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.56 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $72,317.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.5% |
| Monthly Cash Flow | $128 | $450 |
City averages based on Wellington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,156 |
| Total Monthly Debt Service | $938 |
| DSCR Ratio | 1.23x |
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 1979
1 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
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 1979
1 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Ratliff • Paragon Realty Partners
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25009765
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.