18211 Highway 38ClosplintKY40927
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Closplint rentals match the income profile of 18211 Highway 38, Closplint, KY, 40927. Listed at $225,000, gross rent is $1,935/mo and net cash flow is $566/mo, a 10.32% yield well above national averages. DSCR 1.91 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $62,163 by year five with $2,072/yr in annual principal reduction, projecting $121,596 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.5% |
| Monthly Cash Flow | $566 | $300 |
City averages based on Closplint market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,935 |
| Total Monthly Debt Service | $1,280 |
| DSCR Ratio | 1.51x |
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.
Multi Family
Built in 1920
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40927, Closplint, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 269 (100%) |
| Owner Occupied HU | 189 (70.3%) |
| Renter Occupied HU | 39 (14.5%) |
| Vacant Housing Units | 41 (15.2%) |
| Median Home Value | $67,750 |
| Average Home Value | $104,127 |
Housing Distribution
Address Breakdown
Residential
157
Single Family
157
Multi-Family
0
Businesses
1
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 1920
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40927, Closplint, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 269 (100%) |
| Owner Occupied HU | 189 (70.3%) |
| Renter Occupied HU | 39 (14.5%) |
| Vacant Housing Units | 41 (15.2%) |
| Median Home Value | $67,750 |
| Average Home Value | $104,127 |
Housing Distribution
Address Breakdown
Residential
157
Single Family
157
Multi-Family
0
Businesses
1
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices