225 E Elm StClayKY42404
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 1.48% gross rental yield, 225 E Elm St, Clay, KY, 42404 in Clay is priced for capital growth, not immediate cash flow. The $899,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $248,626 by year five, with $8,288/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.27) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $59,536.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.5% | 8.0% |
| Monthly Cash Flow | $(4,371) | $450 |
City averages based on Clay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,106 |
| Total Monthly Debt Service | $5,119 |
| DSCR Ratio | 0.22x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42404, Clay, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 759 (68.0%) |
| Renter Occupied HU | 206 (18.5%) |
| Vacant Housing Units | 151 (13.5%) |
| Median Home Value | $116,518 |
| Average Home Value | $200,807 |
Housing Distribution
Address Breakdown
Residential
936
Single Family
936
Multi-Family
0
Businesses
46
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
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42404, Clay, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 759 (68.0%) |
| Renter Occupied HU | 206 (18.5%) |
| Vacant Housing Units | 151 (13.5%) |
| Median Home Value | $116,518 |
| Average Home Value | $200,807 |
Housing Distribution
Address Breakdown
Residential
936
Single Family
936
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices