206 Green StHorse CaveKY42749
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 206 Green St, Horse Cave, KY, 42749 in Horse Cave: $1,434/mo in rent, $542/mo net, 11.75% gross yield, all on a $146,500 acquisition. The 2.18 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $40,475 in value, and $1,349/yr in principal paydown steadily builds equity. Projected total cumulative return: $90,407.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 9.0% |
| Monthly Cash Flow | $542 | $200 |
City averages based on Horse Cave market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,434 |
| Total Monthly Debt Service | $833 |
| DSCR Ratio | 1.72x |
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 1945
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42749, Horse Cave, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,652 (100%) |
| Owner Occupied HU | 1,550 (58.4%) |
| Renter Occupied HU | 721 (27.2%) |
| Vacant Housing Units | 381 (14.4%) |
| Median Home Value | $154,915 |
| Average Home Value | $189,050 |
Housing Distribution
Address Breakdown
Residential
2,428
Single Family
2,368
Multi-Family
60
Businesses
165
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 1945
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42749, Horse Cave, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,652 (100%) |
| Owner Occupied HU | 1,550 (58.4%) |
| Renter Occupied HU | 721 (27.2%) |
| Vacant Housing Units | 381 (14.4%) |
| Median Home Value | $154,915 |
| Average Home Value | $189,050 |
Housing Distribution
Address Breakdown
Residential
2,428
Single Family
2,368
Multi-Family
60
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelsey Bragg • Keller Williams First Choice Realty
Mls Name: South Central Kentucky AOR
Mls ID: #SC47074