1875 Buffalo RdNew ConcordKY42076
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1875 Buffalo Rd, New Concord, KY, 42076 in New Concord speaks for itself: 10.49% gross on a $229,000 price, generating $2,002/mo in rent and $608/mo in net income after the $1,030/mo debt service. DSCR 1.94, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,294 stacks alongside $63,268 in projected five-year appreciation and $2,109/yr in principal reduction. Projected total cumulative return: $125,910.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 9.5% |
| Monthly Cash Flow | $608 | $350 |
City averages based on New Concord market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,002 |
| Total Monthly Debt Service | $1,303 |
| DSCR Ratio | 1.54x |
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 N/A
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42076, New Concord, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 867 (100%) |
| Owner Occupied HU | 442 (51.0%) |
| Renter Occupied HU | 72 ( 8.3%) |
| Vacant Housing Units | 353 (40.7%) |
| Median Home Value | $153,125 |
| Average Home Value | $251,052 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
688
Multi-Family
0
Businesses
8
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 N/A
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42076, New Concord, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 867 (100%) |
| Owner Occupied HU | 442 (51.0%) |
| Renter Occupied HU | 72 ( 8.3%) |
| Vacant Housing Units | 353 (40.7%) |
| Median Home Value | $153,125 |
| Average Home Value | $251,052 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
688
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: WKRMLS
Mls ID: #136547