0 Skillman Monarch Ln #12HardinsburgKY40143
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.92% gross rental yield, 0 Skillman Monarch Ln #12, Hardinsburg, KY, 40143 in Hardinsburg is priced for capital growth, not immediate cash flow. The $369,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $102,197 by year five, with $3,407/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.54) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $53,198.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.9% | 9.0% |
| Monthly Cash Flow | $(1,351) | $450 |
City averages based on Hardinsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $900 |
| Total Monthly Debt Service | $2,104 |
| DSCR Ratio | 0.43x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
81.40 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in N/A
81.40 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Wilson • Golden Rule-Wilson RE & Auc #1
Mls Name: My State MLS
Mls ID: #11569322