230 3rd StGuthrieKY42234
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 230 3rd St, Guthrie, KY, 42234 in Guthrie deserves attention. This $174,000 property earns $1,560/mo in rent, a 10.76% gross yield, and nets $501/mo after the $825/mo payment. DSCR 1.89 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $48,073 compounds alongside $1,459/yr in yearly equity build, for a total cumulative return of $94,883.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.0% |
| Monthly Cash Flow | $501 | $450 |
City averages based on Guthrie market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,560 |
| Total Monthly Debt Service | $1,032 |
| DSCR Ratio | 1.51x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42234, Guthrie, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 990 (100%) |
| Owner Occupied HU | 547 (55.3%) |
| Renter Occupied HU | 335 (33.8%) |
| Vacant Housing Units | 108 (10.9%) |
| Median Home Value | $150,284 |
| Average Home Value | $181,755 |
Housing Distribution
Address Breakdown
Residential
696
Single Family
696
Multi-Family
0
Businesses
83
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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
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