101 Shillalah SpurMiracleKY40856
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 101 Shillalah Spur, Miracle, KY, 40856 in Miracle, $198,500, 7.97% gross yield, $109/mo net income. Consider it a market-entry position, the $1,318/mo rent covers the $893/mo payment with a margin, and 5%/yr appreciation is projected to add $54,842 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.48) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $82,246.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 8.0% |
| Monthly Cash Flow | $109 | $150 |
City averages based on Miracle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,318 |
| Total Monthly Debt Service | $1,129 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2002
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40856, Miracle, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 483 (100%) |
| Owner Occupied HU | 337 (69.8%) |
| Renter Occupied HU | 81 (16.8%) |
| Vacant Housing Units | 65 (13.5%) |
| Median Home Value | $72,333 |
| Average Home Value | $92,151 |
Housing Distribution
Address Breakdown
Residential
292
Single Family
292
Multi-Family
0
Businesses
4
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 2002
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40856, Miracle, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 483 (100%) |
| Owner Occupied HU | 337 (69.8%) |
| Renter Occupied HU | 81 (16.8%) |
| Vacant Housing Units | 65 (13.5%) |
| Median Home Value | $72,333 |
| Average Home Value | $92,151 |
Housing Distribution
Address Breakdown
Residential
292
Single Family
292
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices