1954 Maxey Flat RdHillsboroKY41049
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.97% gross rental yield, 1954 Maxey Flat Rd, Hillsboro, KY, 41049 in Hillsboro is priced for capital growth, not immediate cash flow. The $189,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $52,466 by year five, with $1,749/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.11) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $58,302.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 8.0% |
| Monthly Cash Flow | $(211) | $700 |
City averages based on Hillsboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $944 |
| Total Monthly Debt Service | $1,080 |
| DSCR Ratio | 0.87x |
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.
Manufactured
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41049, Hillsboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,059 (100%) |
| Owner Occupied HU | 727 (68.6%) |
| Renter Occupied HU | 175 (16.5%) |
| Vacant Housing Units | 157 (14.8%) |
| Median Home Value | $162,500 |
| Average Home Value | $304,443 |
Housing Distribution
Address Breakdown
Residential
1,042
Single Family
1,042
Multi-Family
0
Businesses
12
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
Manufactured
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41049, Hillsboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,059 (100%) |
| Owner Occupied HU | 727 (68.6%) |
| Renter Occupied HU | 175 (16.5%) |
| Vacant Housing Units | 157 (14.8%) |
| Median Home Value | $162,500 |
| Average Home Value | $304,443 |
Housing Distribution
Address Breakdown
Residential
1,042
Single Family
1,042
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices