120 N Bernard StNeboKY42441
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 120 N Bernard St, Nebo, KY, 42441 in Nebo speaks for itself: 13.9% gross on a $130,000 price, generating $1,506/mo in rent and $715/mo in net income after the $585/mo debt service. DSCR 2.57, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,577 stacks alongside $35,917 in projected five-year appreciation and $1,197/yr in principal reduction. Projected total cumulative return: $95,261.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.9% | 6.0% |
| Monthly Cash Flow | $715 | $750 |
City averages based on Nebo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,506 |
| Total Monthly Debt Service | $739 |
| DSCR Ratio | 2.04x |
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.
Manufactured
Built in 2015
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42441, Nebo, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 606 (100%) |
| Owner Occupied HU | 429 (70.8%) |
| Renter Occupied HU | 101 (16.7%) |
| Vacant Housing Units | 76 (12.5%) |
| Median Home Value | $165,057 |
| Average Home Value | $187,249 |
Housing Distribution
Address Breakdown
Residential
571
Single Family
571
Multi-Family
0
Businesses
16
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
Manufactured
Built in 2015
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42441, Nebo, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 606 (100%) |
| Owner Occupied HU | 429 (70.8%) |
| Renter Occupied HU | 101 (16.7%) |
| Vacant Housing Units | 76 (12.5%) |
| Median Home Value | $165,057 |
| Average Home Value | $187,249 |
Housing Distribution
Address Breakdown
Residential
571
Single Family
571
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices