190 N Clay AveWest Van LearKY41268
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play190 N Clay Ave, West Van Lear, KY, 41268 in West Van Lear is priced for appreciation, not yield. Rental yield 4.85%. At $297,000 with a 4.85% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $82,056 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.90) 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: $73,455.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 6.0% |
| Monthly Cash Flow | $(608) | $450 |
City averages based on West Van Lear market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,200 |
| Total Monthly Debt Service | $1,689 |
| DSCR Ratio | 0.71x |
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.
Single Family
Built in 1978
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41268, West Van Lear, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 155 (100%) |
| Owner Occupied HU | 120 (77.4%) |
| Renter Occupied HU | 29 (18.7%) |
| Vacant Housing Units | 6 ( 3.9%) |
| Median Home Value | $136,207 |
| Average Home Value | $125,563 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
2
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 1978
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41268, West Van Lear, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 155 (100%) |
| Owner Occupied HU | 120 (77.4%) |
| Renter Occupied HU | 29 (18.7%) |
| Vacant Housing Units | 6 ( 3.9%) |
| Median Home Value | $136,207 |
| Average Home Value | $125,563 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daffiny Trimble • Re/Max Legacy Group-Paintsville
Mls Name: Eastern Kentucky AOR
Mls ID: #124897