220 Garden AveStanfordKY40484
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 220 Garden Ave, Stanford, KY, 40484 in Stanford. At $219,900 it earns $1,628/mo in rent and distributes $290/mo to the owner after the $989/mo payment, a consistent 8.89% yield. DSCR 1.65 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $60,754 in value; $2,025/yr in principal paydown compounds ownership stake. Total projected return: $101,909.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 7.0% |
| Monthly Cash Flow | $290 | $800 |
City averages based on Stanford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,628 |
| Total Monthly Debt Service | $1,251 |
| DSCR Ratio | 1.30x |
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 N/A
9,583 sqft 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
9,583 sqft 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: Dustin Sparrow • ERA Select Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25009117
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.