129 Waterford WayEddyvilleKY42038
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing129 Waterford Way, Eddyville, KY, 42038 in Eddyville is a stable, well-positioned rental at $635,000. Rental yield 6.99%. DSCR 1.29 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $175,439 in value and $5,848/yr in principal paydown builds equity, a total projected return of $229,745.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 6.0% |
| Monthly Cash Flow | $(168) | $550 |
City averages based on Eddyville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,697 |
| Total Monthly Debt Service | $3,612 |
| DSCR Ratio | 1.02x |
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 2006
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42038, Eddyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,973 (100%) |
| Owner Occupied HU | 1,601 (53.9%) |
| Renter Occupied HU | 460 (15.5%) |
| Vacant Housing Units | 912 (30.7%) |
| Median Home Value | $255,702 |
| Average Home Value | $304,586 |
Housing Distribution
Address Breakdown
Residential
2,391
Single Family
2,391
Multi-Family
0
Businesses
225
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 2006
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42038, Eddyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,973 (100%) |
| Owner Occupied HU | 1,601 (53.9%) |
| Renter Occupied HU | 460 (15.5%) |
| Vacant Housing Units | 912 (30.7%) |
| Median Home Value | $255,702 |
| Average Home Value | $304,586 |
Housing Distribution
Address Breakdown
Residential
2,391
Single Family
2,391
Multi-Family
0
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices