180 Smiths LnMayfieldKY42066
INVESTMENT ANALYSIS
Investment Verdict
Solid Income180 Smiths Ln, Mayfield, KY, 42066 in Mayfield is a solid income-producing rental, 9.8% gross yield, $2,359/mo rent, $580/mo net cash flow on a $289,000 buy. DSCR 1.81 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $79,845 and $2,662/yr in principal reduction project a total cumulative return of $146,860.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 8.2% |
| Monthly Cash Flow | $580 | $1,200 |
City averages based on Mayfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,359 |
| Total Monthly Debt Service | $1,664 |
| DSCR Ratio | 1.42x |
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 2007
0.63 Acres lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42066, Mayfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,333 (100%) |
| Owner Occupied HU | 6,369 (61.6%) |
| Renter Occupied HU | 2,866 (27.7%) |
| Vacant Housing Units | 1,098 (10.6%) |
| Median Home Value | $154,990 |
| Average Home Value | $192,095 |
Housing Distribution
Address Breakdown
Residential
9,666
Single Family
9,609
Multi-Family
57
Businesses
783
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 2007
0.63 Acres lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42066, Mayfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,333 (100%) |
| Owner Occupied HU | 6,369 (61.6%) |
| Renter Occupied HU | 2,866 (27.7%) |
| Vacant Housing Units | 1,098 (10.6%) |
| Median Home Value | $154,990 |
| Average Home Value | $192,095 |
Housing Distribution
Address Breakdown
Residential
9,666
Single Family
9,609
Multi-Family
57
Businesses
783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela Smith • Acree & Associates
Mls Name: WKRMLS
Mls ID: #131784
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.