1061 Us Highway 62BardwellKY42023
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 1061 Us Highway 62, Bardwell, KY, 42023 in Bardwell is listed at $100,000 and delivers $925/mo in rent and $317/mo in net monthly cash flow. The 11.1% yield and 2.06 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $27,628 over five years, and $921/yr in principal reduction supplements cash return. Total projected cumulative return: $58,217.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 8.0% |
| Monthly Cash Flow | $317 | $800 |
City averages based on Bardwell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $925 |
| Total Monthly Debt Service | $569 |
| DSCR Ratio | 1.63x |
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.
Lot
Built in N/A
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42023, Bardwell, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,191 (100%) |
| Owner Occupied HU | 822 (69.0%) |
| Renter Occupied HU | 223 (18.7%) |
| Vacant Housing Units | 146 (12.3%) |
| Median Home Value | $153,285 |
| Average Home Value | $200,614 |
Housing Distribution
Address Breakdown
Residential
930
Single Family
930
Multi-Family
0
Businesses
77
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
Lot
Built in N/A
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42023, Bardwell, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,191 (100%) |
| Owner Occupied HU | 822 (69.0%) |
| Renter Occupied HU | 223 (18.7%) |
| Vacant Housing Units | 146 (12.3%) |
| Median Home Value | $153,285 |
| Average Home Value | $200,614 |
Housing Distribution
Address Breakdown
Residential
930
Single Family
930
Multi-Family
0
Businesses
77
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices