1160 Augusta Chatham RdAugustaKY41002
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1160 Augusta Chatham Rd, Augusta, KY, 41002 in Augusta. Rental yield 3.17%. At $545,000 with 3.17% gross yield, current distributions are modest, but the 5% appreciation rate projects $150,573 in new equity by year five, complemented by $4,569/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.56) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $75,373.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.2% | 9.0% |
| Monthly Cash Flow | $(1,877) | $150 |
City averages based on Augusta market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $3,233 |
| DSCR Ratio | 0.45x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2015
27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41002, Augusta, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,183 (100%) |
| Owner Occupied HU | 724 (61.2%) |
| Renter Occupied HU | 323 (27.3%) |
| Vacant Housing Units | 136 (11.5%) |
| Median Home Value | $129,545 |
| Average Home Value | $230,010 |
Housing Distribution
Address Breakdown
Residential
1,081
Single Family
1,057
Multi-Family
24
Businesses
74
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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
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