82 Wiggins 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
Investment property for sale in Wingo at 82 Wiggins Rd, Wingo, KY, 42088 uses $61,328 cash to close to unlock $6,090/yr annual cash flow and $508/mo monthly cash flow. Total monthly income runs $1,633/mo, and a $905/mo payment keeps the spread at $508/mo. Purchase price stands at $185,000, and rental yield measures 10.59% with $1,633/mo rent. Return on cash invested shows 29.84% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 155.99% and total cumulative return in cash records $95,667. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,633/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.41 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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Listed by: Deric Tarnowski • Check Mark Realty
Mls Name: WKRMLS
Mls ID: #127599
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.