192 State Route 3308South ShoreKY41175
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 192 State Route 3308, South Shore, KY, 41175 in South Shore earns a 9.14% gross yield at $349,000. Rent of $2,580/mo nets $534/mo after the $1,569/mo mortgage. The 1.64 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $96,422 and $3,214/yr in equity accumulation project a total cumulative return of $161,582.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 8.0% |
| Monthly Cash Flow | $534 | $350 |
City averages based on South Shore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,580 |
| Total Monthly Debt Service | $1,985 |
| DSCR Ratio | 1.30x |
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
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41175, South Shore, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,511 (100%) |
| Owner Occupied HU | 1,726 (68.7%) |
| Renter Occupied HU | 483 (19.2%) |
| Vacant Housing Units | 302 (12.0%) |
| Median Home Value | $129,882 |
| Average Home Value | $152,598 |
Housing Distribution
Address Breakdown
Residential
2,248
Single Family
2,248
Multi-Family
0
Businesses
98
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
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41175, South Shore, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,511 (100%) |
| Owner Occupied HU | 1,726 (68.7%) |
| Renter Occupied HU | 483 (19.2%) |
| Vacant Housing Units | 302 (12.0%) |
| Median Home Value | $129,882 |
| Average Home Value | $152,598 |
Housing Distribution
Address Breakdown
Residential
2,248
Single Family
2,248
Multi-Family
0
Businesses
98
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alison Christie • Ross Real Estate Services
Mls Name: AABR
Mls Provider:
Mls ID: #58627
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.