2005 State Route 8South PortsmouthKY41174
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 2005 State Route 8, South Portsmouth, KY, 41174 in South Portsmouth. Priced at $154,000, it generates $1,998/mo in gross rent and $1,061/mo in net monthly cash flow, a 15.57% yield that comfortably supports the 2.89 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $12,729. Five-year appreciation: $42,547. Equity from principal paydown: $1,418/yr. Total projected cumulative return: $126,638.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.6% | 8.0% |
| Monthly Cash Flow | $1,061 | $450 |
City averages based on South Portsmouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,998 |
| Total Monthly Debt Service | $876 |
| DSCR Ratio | 2.28x |
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 1980
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41174, South Portsmouth, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 521 (100%) |
| Owner Occupied HU | 357 (68.5%) |
| Renter Occupied HU | 84 (16.1%) |
| Vacant Housing Units | 80 (15.4%) |
| Median Home Value | $130,729 |
| Average Home Value | $159,181 |
Housing Distribution
Address Breakdown
Residential
427
Single Family
427
Multi-Family
0
Businesses
10
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 1980
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41174, South Portsmouth, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 521 (100%) |
| Owner Occupied HU | 357 (68.5%) |
| Renter Occupied HU | 84 (16.1%) |
| Vacant Housing Units | 80 (15.4%) |
| Median Home Value | $130,729 |
| Average Home Value | $159,181 |
Housing Distribution
Address Breakdown
Residential
427
Single Family
427
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A