232 Griffin AveHustonvilleKY40437
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 232 Griffin Ave, Hustonville, KY, 40437 in Hustonville at $325,000 earns $2,074/mo in rent and nets $96/mo after the $1,461/mo payment, a 7.66% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $89,792 over five years. Ziffy Mortgage underwrites this on a 1.42 DSCR without U.S. credit history. With $2,993/yr in principal paydown, total projected return reaches $129,306.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 8.5% |
| Monthly Cash Flow | $96 | $250 |
City averages based on Hustonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,074 |
| Total Monthly Debt Service | $1,849 |
| DSCR Ratio | 1.12x |
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 2024
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40437, Hustonville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,837 (100%) |
| Owner Occupied HU | 1,302 (70.9%) |
| Renter Occupied HU | 312 (17.0%) |
| Vacant Housing Units | 223 (12.1%) |
| Median Home Value | $163,318 |
| Average Home Value | $190,528 |
Housing Distribution
Address Breakdown
Residential
1,855
Single Family
1,855
Multi-Family
0
Businesses
44
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 2024
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40437, Hustonville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,837 (100%) |
| Owner Occupied HU | 1,302 (70.9%) |
| Renter Occupied HU | 312 (17.0%) |
| Vacant Housing Units | 223 (12.1%) |
| Median Home Value | $163,318 |
| Average Home Value | $190,528 |
Housing Distribution
Address Breakdown
Residential
1,855
Single Family
1,855
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Peters • Zen Door Real Estate, Inc
Mls Name: Imagine MLS
Mls ID: #25502511