223 Lower Sharpsburg RdSharpsburgKY40374
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 223 Lower Sharpsburg Rd, Sharpsburg, KY, 40374 in Sharpsburg. At $299,000 it earns $2,184/mo in rent and distributes $364/mo to the owner after the $1,344/mo payment, a consistent 8.77% yield. DSCR 1.63 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $82,608 in value; $2,754/yr in principal paydown compounds ownership stake. Total projected return: $136,716.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 9.0% |
| Monthly Cash Flow | $364 | $350 |
City averages based on Sharpsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,184 |
| Total Monthly Debt Service | $1,701 |
| DSCR Ratio | 1.28x |
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 2010
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40374, Sharpsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 900 (100%) |
| Owner Occupied HU | 635 (70.6%) |
| Renter Occupied HU | 177 (19.7%) |
| Vacant Housing Units | 88 ( 9.8%) |
| Median Home Value | $134,722 |
| Average Home Value | $202,051 |
Housing Distribution
Address Breakdown
Residential
788
Single Family
788
Multi-Family
0
Businesses
28
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 2010
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40374, Sharpsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 900 (100%) |
| Owner Occupied HU | 635 (70.6%) |
| Renter Occupied HU | 177 (19.7%) |
| Vacant Housing Units | 88 ( 9.8%) |
| Median Home Value | $134,722 |
| Average Home Value | $202,051 |
Housing Distribution
Address Breakdown
Residential
788
Single Family
788
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie Allen • Keller Williams Legacy Group
Mls Name: Imagine MLS
Mls ID: #25501035