8769 State Route 45 SWingoKY42088
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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 8769 State Route 45 S, Wingo, KY, 42088 uses $73,759 cash to close to unlock $1,330/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $1,465/mo, and a $1,089/mo payment keeps the spread at $111/mo. Purchase price stands at $222,500, and rental yield measures 7.9% with $1,465/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $61,473 over five years. Five-year ROI reaches 112.36% and total cumulative return in cash records $82,876. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,465/mo property income covering a $1,089/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.55 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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