15291 Madison PikeMorning ViewKY41063
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 15291 Madison Pike, Morning View, KY, 41063 in Morning View. Rental yield 6.68%. The 1.24 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $82,194 and $2,740/yr in principal reduction project total return of $102,731.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 8.5% |
| Monthly Cash Flow | $(155) | $850 |
City averages based on Morning View market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,656 |
| Total Monthly Debt Service | $1,692 |
| DSCR Ratio | 0.98x |
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 1950
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41063, Morning View, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,435 (100%) |
| Owner Occupied HU | 1,197 (83.4%) |
| Renter Occupied HU | 147 (10.2%) |
| Vacant Housing Units | 91 ( 6.3%) |
| Median Home Value | $322,884 |
| Average Home Value | $385,579 |
Housing Distribution
Address Breakdown
Residential
1,206
Single Family
1,206
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
Single Family
Built in 1950
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41063, Morning View, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,435 (100%) |
| Owner Occupied HU | 1,197 (83.4%) |
| Renter Occupied HU | 147 (10.2%) |
| Vacant Housing Units | 91 ( 6.3%) |
| Median Home Value | $322,884 |
| Average Home Value | $385,579 |
Housing Distribution
Address Breakdown
Residential
1,206
Single Family
1,206
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NKMLS
Mls ID: #644888