15340 Salt River RdEastviewKY42732
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 15340 Salt River Rd, Eastview, KY, 42732 in Eastview is listed at $264,900 and delivers $2,197/mo in rent and $585/mo in net monthly cash flow. The 9.95% yield and 1.84 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $73,187 over five years, and $2,440/yr in principal reduction supplements cash return. Total projected cumulative return: $137,998.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 7.1% |
| Monthly Cash Flow | $585 | $1,400 |
City averages based on Eastview market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,197 |
| Total Monthly Debt Service | $1,507 |
| DSCR Ratio | 1.46x |
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 2021
2.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42732, Eastview, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 978 (100%) |
| Owner Occupied HU | 739 (75.6%) |
| Renter Occupied HU | 165 (16.9%) |
| Vacant Housing Units | 74 ( 7.6%) |
| Median Home Value | $224,440 |
| Average Home Value | $264,357 |
Housing Distribution
Address Breakdown
Residential
818
Single Family
818
Multi-Family
0
Businesses
21
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 2021
2.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42732, Eastview, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 978 (100%) |
| Owner Occupied HU | 739 (75.6%) |
| Renter Occupied HU | 165 (16.9%) |
| Vacant Housing Units | 74 ( 7.6%) |
| Median Home Value | $224,440 |
| Average Home Value | $264,357 |
Housing Distribution
Address Breakdown
Residential
818
Single Family
818
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Crouch • BLUEGRASS REALTY PROS, INC
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25002738
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.