788 Cemetery RdWaynesburgKY40489
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 788 Cemetery Rd, Waynesburg, KY, 40489 in Waynesburg. Rental yield 0%. At $285,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $78,740 in new equity by year five, complemented by $2,625/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.1% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Waynesburg market data in our database. Property projections are estimates.
Manufactured
Built in 2025
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40489, Waynesburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,759 (100%) |
| Owner Occupied HU | 1,268 (72.1%) |
| Renter Occupied HU | 303 (17.2%) |
| Vacant Housing Units | 188 (10.7%) |
| Median Home Value | $145,221 |
| Average Home Value | $171,538 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,686
Multi-Family
0
Businesses
51
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 2025
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40489, Waynesburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,759 (100%) |
| Owner Occupied HU | 1,268 (72.1%) |
| Renter Occupied HU | 303 (17.2%) |
| Vacant Housing Units | 188 (10.7%) |
| Median Home Value | $145,221 |
| Average Home Value | $171,538 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,686
Multi-Family
0
Businesses
51
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Laura Carpenter • Keller Williams Commonwealth
Mls Name: Imagine MLS
Mls ID: #25505249