238 Railroad StWorthvilleKY41098
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 238 Railroad St, Worthville, KY, 41098 in Worthville: $937/mo in rent, $210/mo in net income, 9.41% gross yield, 1.74 DSCR, all at $119,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $33,016 in appreciation and $1,101/yr in principal paydown projects total cumulative return of $58,801.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 8.2% |
| Monthly Cash Flow | $210 | $650 |
City averages based on Worthville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $937 |
| Total Monthly Debt Service | $680 |
| DSCR Ratio | 1.38x |
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.
Manufactured
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41098, Worthville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 667 (100%) |
| Owner Occupied HU | 420 (63.0%) |
| Renter Occupied HU | 123 (18.4%) |
| Vacant Housing Units | 124 (18.6%) |
| Median Home Value | $92,759 |
| Average Home Value | $175,131 |
Housing Distribution
Address Breakdown
Residential
532
Single Family
532
Multi-Family
0
Businesses
10
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
Manufactured
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41098, Worthville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 667 (100%) |
| Owner Occupied HU | 420 (63.0%) |
| Renter Occupied HU | 123 (18.4%) |
| Vacant Housing Units | 124 (18.6%) |
| Median Home Value | $92,759 |
| Average Home Value | $175,131 |
Housing Distribution
Address Breakdown
Residential
532
Single Family
532
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jerry W Smith • Smith Klink Realty & Auction
Mls Name: GLARMLS
Mls ID: #1668038