24 State Route 348 ESymsoniaKY42082
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 24 State Route 348 E, Symsonia, KY, 42082 in Symsonia offers a clean, manageable entry. Rental yield 7.3%. DSCR 1.35 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $63,545 in additional property value over five years, with $2,118/yr in principal equity building ownership stake. Total projected cumulative return: $87,070.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 8.0% |
| Monthly Cash Flow | $(1) | $350 |
City averages based on Symsonia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,399 |
| Total Monthly Debt Service | $1,308 |
| DSCR Ratio | 1.07x |
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 1840
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42082, Symsonia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 924 (100%) |
| Owner Occupied HU | 699 (75.6%) |
| Renter Occupied HU | 127 (13.7%) |
| Vacant Housing Units | 98 (10.6%) |
| Median Home Value | $195,313 |
| Average Home Value | $215,079 |
Housing Distribution
Address Breakdown
Residential
836
Single Family
836
Multi-Family
0
Businesses
26
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 1840
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42082, Symsonia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 924 (100%) |
| Owner Occupied HU | 699 (75.6%) |
| Renter Occupied HU | 127 (13.7%) |
| Vacant Housing Units | 98 (10.6%) |
| Median Home Value | $195,313 |
| Average Home Value | $215,079 |
Housing Distribution
Address Breakdown
Residential
836
Single Family
836
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marianne Lynch • RE/MAX Real Estate Associates
Mls Name: WKRMLS
Mls ID: #131187
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.