1698 Old Glasgow RdScottsvilleKY42164
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1698 Old Glasgow Rd, Scottsville, KY, 42164 in Scottsville is priced for appreciation, not yield. Rental yield 5.86%. At $229,900 with a 5.86% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $63,517 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.09) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $69,277.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 8.0% |
| Monthly Cash Flow | $(277) | $450 |
City averages based on Scottsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,122 |
| Total Monthly Debt Service | $1,308 |
| DSCR Ratio | 0.86x |
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 1980
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42164, Scottsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,916 (100%) |
| Owner Occupied HU | 5,203 (65.7%) |
| Renter Occupied HU | 1,790 (22.6%) |
| Vacant Housing Units | 923 (11.7%) |
| Median Home Value | $195,519 |
| Average Home Value | $231,449 |
Housing Distribution
Address Breakdown
Residential
7,696
Single Family
7,695
Multi-Family
1
Businesses
446
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 1980
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42164, Scottsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,916 (100%) |
| Owner Occupied HU | 5,203 (65.7%) |
| Renter Occupied HU | 1,790 (22.6%) |
| Vacant Housing Units | 923 (11.7%) |
| Median Home Value | $195,519 |
| Average Home Value | $231,449 |
Housing Distribution
Address Breakdown
Residential
7,696
Single Family
7,695
Multi-Family
1
Businesses
446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael P Wilson • Mills Real Estate & Auction
Mls Name: RASK
Mls ID: #RA20256101