2008 Grassy BrRaccoonKY41557
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2008 Grassy Br, Raccoon, KY, 41557 in Raccoon deserves attention. This $124,900 property earns $2,866/mo in rent, a 27.53% gross yield, and nets $2,105/mo after the $562/mo payment. DSCR 5.10 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $34,508 compounds alongside $1,150/yr in yearly equity build, for a total cumulative return of $182,842.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 27.5% | 8.5% |
| Monthly Cash Flow | $2,105 | $400 |
City averages based on Raccoon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,866 |
| Total Monthly Debt Service | $710 |
| DSCR Ratio | 4.03x |
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
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41557, Raccoon, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 795 (100%) |
| Owner Occupied HU | 598 (75.2%) |
| Renter Occupied HU | 113 (14.2%) |
| Vacant Housing Units | 84 (10.6%) |
| Median Home Value | $159,975 |
| Average Home Value | $172,124 |
Housing Distribution
Address Breakdown
Residential
618
Single Family
618
Multi-Family
0
Businesses
5
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
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41557, Raccoon, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 795 (100%) |
| Owner Occupied HU | 598 (75.2%) |
| Renter Occupied HU | 113 (14.2%) |
| Vacant Housing Units | 84 (10.6%) |
| Median Home Value | $159,975 |
| Average Home Value | $172,124 |
Housing Distribution
Address Breakdown
Residential
618
Single Family
618
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices