1214 Lake Forest LnWestviewKY40178
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1214 Lake Forest Ln, Westview, KY, 40178 in Westview is priced for appreciation, not yield. Rental yield 5.33%. At $334,000 with a 5.33% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $92,278 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.99) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $91,173.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 7.0% |
| Monthly Cash Flow | $(548) | $950 |
City averages based on Westview market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,484 |
| Total Monthly Debt Service | $1,900 |
| DSCR Ratio | 0.78x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2000
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40178, Westview, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 491 (100%) |
| Owner Occupied HU | 180 (36.7%) |
| Renter Occupied HU | 48 ( 9.8%) |
| Vacant Housing Units | 263 (53.6%) |
| Median Home Value | $230,000 |
| Average Home Value | $328,667 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
5
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 2000
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40178, Westview, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 491 (100%) |
| Owner Occupied HU | 180 (36.7%) |
| Renter Occupied HU | 48 ( 9.8%) |
| Vacant Housing Units | 263 (53.6%) |
| Median Home Value | $230,000 |
| Average Home Value | $328,667 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh Watson • REAL DEAL REALTY LLC
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24002080
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.