133 W Dixie AveElizabethtownKY42701
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 133 W Dixie Ave, Elizabethtown, KY, 42701 in Elizabethtown fits: $819,000, 2.16% gross yield, and a projected 5% annual appreciation rate adding $226,275 in value within five years. Rental yield 2.16%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.40) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $7,543/yr in principal paydown and $226,275 in appreciation project a total return of $84,378.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.2% | 5.8% |
| Monthly Cash Flow | $(3,510) | $450 |
City averages based on Elizabethtown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,475 |
| Total Monthly Debt Service | $4,659 |
| DSCR Ratio | 0.32x |
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.
Multi Family
Built in 1900
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42701, Elizabethtown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,939 (100%) |
| Owner Occupied HU | 14,459 (58.0%) |
| Renter Occupied HU | 8,441 (33.8%) |
| Vacant Housing Units | 2,039 ( 8.2%) |
| Median Home Value | $285,806 |
| Average Home Value | $315,613 |
Housing Distribution
Address Breakdown
Residential
23,162
Single Family
22,694
Multi-Family
468
Businesses
1,879
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
Multi Family
Built in 1900
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42701, Elizabethtown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,939 (100%) |
| Owner Occupied HU | 14,459 (58.0%) |
| Renter Occupied HU | 8,441 (33.8%) |
| Vacant Housing Units | 2,039 ( 8.2%) |
| Median Home Value | $285,806 |
| Average Home Value | $315,613 |
Housing Distribution
Address Breakdown
Residential
23,162
Single Family
22,694
Multi-Family
468
Businesses
1,879
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: HKMLS
Mls ID: #HK2600496