1119 Elm StWest PtKY40177
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1119 Elm St, West Pt, KY, 40177 in West Pt at $110,000 earns $846/mo in rent and nets $177/mo after the $495/mo payment, a 9.23% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $30,391 over five years. Ziffy Mortgage underwrites this on a 1.71 DSCR without U.S. credit history. With $1,013/yr in principal paydown, total projected return reaches $53,005.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $177 | $550 |
City averages based on West Pt market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $846 |
| Total Monthly Debt Service | $626 |
| DSCR Ratio | 1.35x |
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 1905
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40177, West Point, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 824 (100%) |
| Owner Occupied HU | 490 (59.5%) |
| Renter Occupied HU | 210 (25.5%) |
| Vacant Housing Units | 124 (15.0%) |
| Median Home Value | $171,552 |
| Average Home Value | $228,684 |
Housing Distribution
Address Breakdown
Residential
736
Single Family
735
Multi-Family
1
Businesses
54
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 1905
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40177, West Point, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 824 (100%) |
| Owner Occupied HU | 490 (59.5%) |
| Renter Occupied HU | 210 (25.5%) |
| Vacant Housing Units | 124 (15.0%) |
| Median Home Value | $171,552 |
| Average Home Value | $228,684 |
Housing Distribution
Address Breakdown
Residential
736
Single Family
735
Multi-Family
1
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices