1 & 7 Burgin Noel RdBloomfieldKY40008
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 1 & 7 Burgin Noel Rd, Bloomfield, KY, 40008 in Bloomfield at $821,000, 2.81% gross yield, is a market-growth asset. Rental yield 2.81%. The $1,920/mo rent partially funds the $3,692/mo debt service; the core return is the 5%/yr price growth projected to add $226,827 over five years. Ziffy Mortgage's DSCR mortgage (0.52) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $112,947.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.8% | 7.0% |
| Monthly Cash Flow | $(3,077) | $850 |
City averages based on Bloomfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,920 |
| Total Monthly Debt Service | $4,670 |
| DSCR Ratio | 0.41x |
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 2003
32.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40008, Bloomfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,794 (100%) |
| Owner Occupied HU | 1,333 (74.3%) |
| Renter Occupied HU | 285 (15.9%) |
| Vacant Housing Units | 176 ( 9.8%) |
| Median Home Value | $275,323 |
| Average Home Value | $323,385 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,576
Multi-Family
0
Businesses
57
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 2003
32.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40008, Bloomfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,794 (100%) |
| Owner Occupied HU | 1,333 (74.3%) |
| Renter Occupied HU | 285 (15.9%) |
| Vacant Housing Units | 176 ( 9.8%) |
| Median Home Value | $275,323 |
| Average Home Value | $323,385 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,576
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chuck Johnson • Semonin REALTORS
Mls Name: GLARMLS
Mls ID: #1689113