145 State Park #S-4JamestownKY42629
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 145 State Park #S-4, Jamestown, KY, 42629 in Jamestown delivers $1,603/mo in gross rent and $255/mo in net monthly income at a $184,500 entry. The 10.43% yield and 1.93 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $50,974 over five years and $1,699/yr in equity from loan paydown, total projected return is $87,285.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 7.8% |
| Monthly Cash Flow | $255 | $450 |
City averages based on Jamestown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,603 |
| Total Monthly Debt Service | $1,274 |
| DSCR Ratio | 1.26x |
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.
Condo
Built in N/A
N/A lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42629, Jamestown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,138 (100%) |
| Owner Occupied HU | 1,576 (50.2%) |
| Renter Occupied HU | 532 (17.0%) |
| Vacant Housing Units | 1,030 (32.8%) |
| Median Home Value | $215,183 |
| Average Home Value | $266,413 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,240
Multi-Family
40
Businesses
167
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
Condo
Built in N/A
N/A lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42629, Jamestown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,138 (100%) |
| Owner Occupied HU | 1,576 (50.2%) |
| Renter Occupied HU | 532 (17.0%) |
| Vacant Housing Units | 1,030 (32.8%) |
| Median Home Value | $215,183 |
| Average Home Value | $266,413 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,240
Multi-Family
40
Businesses
167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scotty H Carter • Lake Cumberland Real Estate Professionals
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24025440
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.