107 Thomason StMillersburgKY40348
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow107 Thomason St, Millersburg, KY, 40348 in Millersburg earns its strong cash-flow label: 11.11% yield, $1,713/mo rent, $587/mo net income, DSCR 2.06. The $185,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $51,112 by year five. Combined with $1,704/yr in principal paydown, total projected return reaches $107,861.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.5% |
| Monthly Cash Flow | $587 | $350 |
City averages based on Millersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,713 |
| Total Monthly Debt Service | $1,052 |
| 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.
Single Family
Built in N/A
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40348, Millersburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 252 (100%) |
| Owner Occupied HU | 151 (59.9%) |
| Renter Occupied HU | 68 (27.0%) |
| Vacant Housing Units | 33 (13.1%) |
| Median Home Value | $159,821 |
| Average Home Value | $297,517 |
Housing Distribution
Address Breakdown
Residential
5
Single Family
5
Multi-Family
0
Businesses
13
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
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40348, Millersburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 252 (100%) |
| Owner Occupied HU | 151 (59.9%) |
| Renter Occupied HU | 68 (27.0%) |
| Vacant Housing Units | 33 (13.1%) |
| Median Home Value | $159,821 |
| Average Home Value | $297,517 |
Housing Distribution
Address Breakdown
Residential
5
Single Family
5
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charles Nichols • Nichols Real Estate
Mls Name: Imagine MLS
Mls ID: #26001239