10909 Harrison LnFairdaleKY40118
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 10909 Harrison Ln, Fairdale, KY, 40118 in Fairdale is narrow, $180/mo net on $804/mo rent after the $461/mo debt service, but the property operates at break-even-plus, not a loss. At $102,500 with a 9.41% yield, the long-run equity case via 5% appreciation ($28,319 over five years) and $944/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.74 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $50,410.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.1% |
| Monthly Cash Flow | $180 | $1,200 |
City averages based on Fairdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $804 |
| Total Monthly Debt Service | $583 |
| DSCR Ratio | 1.38x |
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 1955
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40118, Fairdale, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,547 (100%) |
| Owner Occupied HU | 2,715 (59.7%) |
| Renter Occupied HU | 1,374 (30.2%) |
| Vacant Housing Units | 458 (10.1%) |
| Median Home Value | $202,788 |
| Average Home Value | $240,656 |
Housing Distribution
Address Breakdown
Residential
4,335
Single Family
3,930
Multi-Family
405
Businesses
183
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
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40118, Fairdale, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,547 (100%) |
| Owner Occupied HU | 2,715 (59.7%) |
| Renter Occupied HU | 1,374 (30.2%) |
| Vacant Housing Units | 458 (10.1%) |
| Median Home Value | $202,788 |
| Average Home Value | $240,656 |
Housing Distribution
Address Breakdown
Residential
4,335
Single Family
3,930
Multi-Family
405
Businesses
183
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices