1115 Woodburn Allen Springs RdWoodburnKY42170
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1115 Woodburn Allen Springs Rd, Woodburn, KY, 42170 in Woodburn. At $149,900 it earns $1,163/mo in rent and distributes $251/mo to the owner after the $674/mo payment, a consistent 9.31% yield. DSCR 1.73 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $41,415 in value; $1,381/yr in principal paydown compounds ownership stake. Total projected return: $72,947.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.8% |
| Monthly Cash Flow | $251 | $450 |
City averages based on Woodburn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,163 |
| Total Monthly Debt Service | $853 |
| DSCR Ratio | 1.36x |
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 1901
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42170, Woodburn, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 590 (100%) |
| Owner Occupied HU | 455 (77.1%) |
| Renter Occupied HU | 92 (15.6%) |
| Vacant Housing Units | 43 ( 7.3%) |
| Median Home Value | $331,466 |
| Average Home Value | $366,462 |
Housing Distribution
Address Breakdown
Residential
577
Single Family
577
Multi-Family
0
Businesses
24
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 1901
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42170, Woodburn, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 590 (100%) |
| Owner Occupied HU | 455 (77.1%) |
| Renter Occupied HU | 92 (15.6%) |
| Vacant Housing Units | 43 ( 7.3%) |
| Median Home Value | $331,466 |
| Average Home Value | $366,462 |
Housing Distribution
Address Breakdown
Residential
577
Single Family
577
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ken Waddell • RE/MAX Real Estate Executives
Mls Name: RASK
Mls Provider:
Mls ID: #RA20255020
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.