75 Courage RdWacoKY40385
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
Investment Highlights
Rental property for sale in Waco at 75 Courage Rd, Waco, KY, 40385 priced at $229,000 converts $1,529/mo rent into $135/mo cash flow after a $1,121/mo obligation. Total monthly income equals $1,529/mo, and annual cash flow totals $1,621/yr on $75,914 invested. Return on cash invested prints 22.04% in year one, and rental yield reads 8.01% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 114.23% and total cumulative return in cash sums $86,717. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,529/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 2007
2.00 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
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Listed by: Shayne Puckett • Trifecta Real Estate Experts
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006318
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.