2028 Lucretia StDoverKY41034
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 2028 Lucretia St, Dover, KY, 41034 in Dover at $497,000 earns $3,167/mo in rent and nets $142/mo after the $2,235/mo payment, a 7.65% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $137,312 over five years. Ziffy Mortgage underwrites this on a 1.42 DSCR without U.S. credit history. With $4,577/yr in principal paydown, total projected return reaches $197,378.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 8.0% |
| Monthly Cash Flow | $142 | $600 |
City averages based on Dover market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,167 |
| Total Monthly Debt Service | $2,827 |
| DSCR Ratio | 1.12x |
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.
Condo
Built in 2001
6.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41034, Dover, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 480 (100%) |
| Owner Occupied HU | 329 (68.5%) |
| Renter Occupied HU | 88 (18.3%) |
| Vacant Housing Units | 63 (13.1%) |
| Median Home Value | $186,201 |
| Average Home Value | $202,447 |
Housing Distribution
Address Breakdown
Residential
346
Single Family
346
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
Condo
Built in 2001
6.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41034, Dover, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 480 (100%) |
| Owner Occupied HU | 329 (68.5%) |
| Renter Occupied HU | 88 (18.3%) |
| Vacant Housing Units | 63 (13.1%) |
| Median Home Value | $186,201 |
| Average Home Value | $202,447 |
Housing Distribution
Address Breakdown
Residential
346
Single Family
346
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices