203 Grinstead Mill RdCave CityKY42127
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.68% yield at 203 Grinstead Mill Rd, Cave City, KY, 42127 in Cave City is solid, but the $668/mo payment compresses net cash flow to $47/mo at $148,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $41,028 by year five, and $1,368/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.42) without U.S. income documentation. Total projected return: $59,252.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.5% |
| Monthly Cash Flow | $47 | $250 |
City averages based on Cave City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $950 |
| Total Monthly Debt Service | $845 |
| 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.
Single Family
Built in 1952
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42127, Cave City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,920 (100%) |
| Owner Occupied HU | 1,644 (56.3%) |
| Renter Occupied HU | 996 (34.1%) |
| Vacant Housing Units | 280 ( 9.6%) |
| Median Home Value | $174,629 |
| Average Home Value | $220,143 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,745
Multi-Family
0
Businesses
196
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 1952
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42127, Cave City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,920 (100%) |
| Owner Occupied HU | 1,644 (56.3%) |
| Renter Occupied HU | 996 (34.1%) |
| Vacant Housing Units | 280 ( 9.6%) |
| Median Home Value | $174,629 |
| Average Home Value | $220,143 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,745
Multi-Family
0
Businesses
196
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices