216 Happy Valley LnHazardKY41701
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 216 Happy Valley Ln, Hazard, KY, 41701 in Hazard speaks for itself: 11.25% gross on a $220,000 price, generating $2,063/mo in rent and $724/mo in net income after the $989/mo debt service. DSCR 2.09, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,686 stacks alongside $60,782 in projected five-year appreciation and $2,026/yr in principal reduction. Projected total cumulative return: $129,926.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 7.3% |
| Monthly Cash Flow | $724 | $220 |
City averages based on Hazard market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,063 |
| Total Monthly Debt Service | $1,251 |
| DSCR Ratio | 1.65x |
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 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41701, Hazard, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,242 (100%) |
| Owner Occupied HU | 4,247 (58.6%) |
| Renter Occupied HU | 2,109 (29.1%) |
| Vacant Housing Units | 886 (12.2%) |
| Median Home Value | $114,824 |
| Average Home Value | $166,979 |
Housing Distribution
Address Breakdown
Residential
6,084
Single Family
5,930
Multi-Family
154
Businesses
627
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 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41701, Hazard, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,242 (100%) |
| Owner Occupied HU | 4,247 (58.6%) |
| Renter Occupied HU | 2,109 (29.1%) |
| Vacant Housing Units | 886 (12.2%) |
| Median Home Value | $114,824 |
| Average Home Value | $166,979 |
Housing Distribution
Address Breakdown
Residential
6,084
Single Family
5,930
Multi-Family
154
Businesses
627
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices