620 Tocher DrWilmoreKY40390
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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
Investment property for sale in Wilmore at 620 Tocher Dr, Wilmore, KY, 40390 uses $74,256 cash to close to unlock $3,445/yr annual cash flow and $287/mo monthly cash flow. Total monthly income runs $1,650/mo, and a $1,096/mo payment keeps the spread at $287/mo. Purchase price stands at $224,000, and rental yield measures 8.84% with $1,650/mo rent. Return on cash invested shows 24.55% in year one, and 5% annual appreciation builds toward $61,887 over five years. Five-year ROI reaches 127.64% and total cumulative return in cash records $94,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,650/mo property income covering a $1,096/mo payment rather than investor’s personal income.
Single Family
Built in 1988
7,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40390, Wilmore, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,900 (100%) |
| Owner Occupied HU | 1,776 (61.2%) |
| Renter Occupied HU | 895 (30.9%) |
| Vacant Housing Units | 229 ( 7.9%) |
| Median Home Value | $293,966 |
| Average Home Value | $377,776 |
Housing Distribution
Address Breakdown
Residential
2,560
Single Family
2,422
Multi-Family
138
Businesses
130
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Listed by: Andy Bathje • The Agency
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25004766
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.