209 1/2 S 6th StWest PointKY40177
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 209 1/2 S 6th St, West Point, KY, 40177 in West Point hard to pass up. The 13.2% gross yield on a $144,900 purchase results in $1,594/mo in rent and $712/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.44). Annual cash flow of $8,541, five-year appreciation of $40,033, and $1,335/yr in equity build-up combine for a projected total cumulative return of $100,717.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 8.5% |
| Monthly Cash Flow | $712 | $350 |
City averages based on West Point market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,594 |
| Total Monthly Debt Service | $824 |
| DSCR Ratio | 1.93x |
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 1948
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40177, West Point, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 824 (100%) |
| Owner Occupied HU | 490 (59.5%) |
| Renter Occupied HU | 210 (25.5%) |
| Vacant Housing Units | 124 (15.0%) |
| Median Home Value | $171,552 |
| Average Home Value | $228,684 |
Housing Distribution
Address Breakdown
Residential
736
Single Family
735
Multi-Family
1
Businesses
54
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 1948
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40177, West Point, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 824 (100%) |
| Owner Occupied HU | 490 (59.5%) |
| Renter Occupied HU | 210 (25.5%) |
| Vacant Housing Units | 124 (15.0%) |
| Median Home Value | $171,552 |
| Average Home Value | $228,684 |
Housing Distribution
Address Breakdown
Residential
736
Single Family
735
Multi-Family
1
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Devon Pack • BHG Realty
Mls Name: GLARMLS
Mls ID: #1698554