231 W 2nd StSlaughtersKY42456
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow231 W 2nd St, Slaughters, KY, 42456 in Slaughters earns its strong cash-flow label: 11.66% yield, $1,643/mo rent, $614/mo net income, DSCR 2.16. The $169,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $46,692 by year five. Combined with $1,557/yr in principal paydown, total projected return reaches $103,567.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 9.0% |
| Monthly Cash Flow | $614 | $250 |
City averages based on Slaughters market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,643 |
| Total Monthly Debt Service | $961 |
| DSCR Ratio | 1.71x |
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
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42456, Slaughters, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 720 (100%) |
| Owner Occupied HU | 577 (80.1%) |
| Renter Occupied HU | 91 (12.6%) |
| Vacant Housing Units | 52 ( 7.2%) |
| Median Home Value | $175,255 |
| Average Home Value | $201,924 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
15
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
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42456, Slaughters, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 720 (100%) |
| Owner Occupied HU | 577 (80.1%) |
| Renter Occupied HU | 91 (12.6%) |
| Vacant Housing Units | 52 ( 7.2%) |
| Median Home Value | $175,255 |
| Average Home Value | $201,924 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kendall Hunt • Coldwell Banker Complete Realty
Mls Name: MHCBOR
Mls ID: #117364