10 Kelly AveWilliamstownKY41097
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 10 Kelly Ave, Williamstown, KY, 41097 in Williamstown offers a clean, manageable entry. Rental yield 6.14%. DSCR 1.14 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $96,698 in additional property value over five years, with $3,224/yr in principal equity building ownership stake. Total projected cumulative return: $110,659.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 8.0% |
| Monthly Cash Flow | $(340) | $300 |
City averages based on Williamstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,790 |
| Total Monthly Debt Service | $1,991 |
| DSCR Ratio | 0.90x |
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 1955
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41097, Williamstown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,036 (100%) |
| Owner Occupied HU | 1,869 (61.6%) |
| Renter Occupied HU | 697 (23.0%) |
| Vacant Housing Units | 470 (15.5%) |
| Median Home Value | $234,124 |
| Average Home Value | $256,430 |
Housing Distribution
Address Breakdown
Residential
2,911
Single Family
2,844
Multi-Family
67
Businesses
223
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 1955
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41097, Williamstown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,036 (100%) |
| Owner Occupied HU | 1,869 (61.6%) |
| Renter Occupied HU | 697 (23.0%) |
| Vacant Housing Units | 470 (15.5%) |
| Median Home Value | $234,124 |
| Average Home Value | $256,430 |
Housing Distribution
Address Breakdown
Residential
2,911
Single Family
2,844
Multi-Family
67
Businesses
223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremiah B Brown • Jb Land & Home Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25010415
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.