1706 Victory PlProspectKY40059
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1706 Victory Pl, Prospect, KY, 40059 in Prospect deserves attention. This $539,900 property earns $4,573/mo in rent, a 10.16% gross yield, and nets $1,152/mo after the $2,428/mo payment. DSCR 1.88 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $149,164 compounds alongside $4,973/yr in yearly equity build, for a total cumulative return of $279,205.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 7.5% |
| Monthly Cash Flow | $1,152 | $500 |
City averages based on Prospect market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,573 |
| Total Monthly Debt Service | $3,206 |
| DSCR Ratio | 1.43x |
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 2019
6,969 sqft lot
$N/A/sqft
$1,620 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40059, Prospect, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,660 (100%) |
| Owner Occupied HU | 6,922 (79.9%) |
| Renter Occupied HU | 1,111 (12.8%) |
| Vacant Housing Units | 627 ( 7.2%) |
| Median Home Value | $575,166 |
| Average Home Value | $626,621 |
Housing Distribution
Address Breakdown
Residential
8,880
Single Family
7,686
Multi-Family
1,194
Businesses
581
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 2019
6,969 sqft lot
$N/A/sqft
$1,620 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40059, Prospect, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,660 (100%) |
| Owner Occupied HU | 6,922 (79.9%) |
| Renter Occupied HU | 1,111 (12.8%) |
| Vacant Housing Units | 627 ( 7.2%) |
| Median Home Value | $575,166 |
| Average Home Value | $626,621 |
Housing Distribution
Address Breakdown
Residential
8,880
Single Family
7,686
Multi-Family
1,194
Businesses
581
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices