938 Martin RdWickliffeKY42087
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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
Rental property for sale in Wickliffe at 938 Martin Rd, Wickliffe, KY, 42087 generates $2,512/mo in rent and, after a $1,639/mo payment, leaves $474/mo in cash flow. Total monthly income is $2,512/mo, and annual cash flow is $5,687/yr on $111,019 invested. Return on cash invested sits at 25.03% in year one, and rental yield is 9% on a $334,900 entry. Equity gained on principal adds $2,161/yr, while 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 130.17% and total cumulative return in cash sums $144,517. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,512/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42087, Wickliffe, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 716 (69.9%) |
| Renter Occupied HU | 156 (15.2%) |
| Vacant Housing Units | 153 (14.9%) |
| Median Home Value | $112,097 |
| Average Home Value | $224,906 |
Housing Distribution
Address Breakdown
Residential
913
Single Family
913
Multi-Family
0
Businesses
74
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