2045 Pine Grove RdStanfordKY40484
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2045 Pine Grove Rd, Stanford, KY, 40484 in Stanford. Rental yield 2.64%. At $475,000 with 2.64% gross yield, current distributions are modest, but the 5% appreciation rate projects $131,234 in new equity by year five, complemented by $4,375/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.49) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $61,106.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 7.0% |
| Monthly Cash Flow | $(1,846) | $800 |
City averages based on Stanford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,045 |
| Total Monthly Debt Service | $2,702 |
| DSCR Ratio | 0.39x |
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.
Single Family
Built in N/A
12.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40484, Stanford, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,493 (100%) |
| Owner Occupied HU | 3,732 (67.9%) |
| Renter Occupied HU | 1,294 (23.6%) |
| Vacant Housing Units | 467 ( 8.5%) |
| Median Home Value | $153,286 |
| Average Home Value | $194,398 |
Housing Distribution
Address Breakdown
Residential
5,255
Single Family
5,208
Multi-Family
47
Businesses
381
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 N/A
12.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40484, Stanford, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,493 (100%) |
| Owner Occupied HU | 3,732 (67.9%) |
| Renter Occupied HU | 1,294 (23.6%) |
| Vacant Housing Units | 467 ( 8.5%) |
| Median Home Value | $153,286 |
| Average Home Value | $194,398 |
Housing Distribution
Address Breakdown
Residential
5,255
Single Family
5,208
Multi-Family
47
Businesses
381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jerry Asbery • Coldwell Banker Vip Realty, Inc.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24016536
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.