1198 Glendale Hodgenville Rd WGlendaleKY42740
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 1198 Glendale Hodgenville Rd W, Glendale, KY, 42740 in Glendale: $1,449/mo in rent, $323/mo in net income, 9.4% gross yield, 1.74 DSCR, all at $185,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $51,112 in appreciation and $1,704/yr in principal paydown projects total cumulative return of $90,881.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 8.1% |
| Monthly Cash Flow | $323 | $450 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,449 |
| Total Monthly Debt Service | $1,052 |
| 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 1915
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42740, Glendale, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 839 (100%) |
| Owner Occupied HU | 644 (76.8%) |
| Renter Occupied HU | 111 (13.2%) |
| Vacant Housing Units | 84 (10.0%) |
| Median Home Value | $339,631 |
| Average Home Value | $375,835 |
Housing Distribution
Address Breakdown
Residential
779
Single Family
779
Multi-Family
0
Businesses
45
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 1915
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42740, Glendale, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 839 (100%) |
| Owner Occupied HU | 644 (76.8%) |
| Renter Occupied HU | 111 (13.2%) |
| Vacant Housing Units | 84 (10.0%) |
| Median Home Value | $339,631 |
| Average Home Value | $375,835 |
Housing Distribution
Address Breakdown
Residential
779
Single Family
779
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices