2424 Royal Castle WayUnionKY41091
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.5% gross rental yield, 2424 Royal Castle Way, Union, KY, 41091 in Union is priced for capital growth, not immediate cash flow. The $1,788,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $493,991 by year five, with $16,468/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.46) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $216,309.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.5% | 5.1% |
| Monthly Cash Flow | $(7,262) | $285 |
City averages based on Union market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,720 |
| Total Monthly Debt Service | $10,171 |
| DSCR Ratio | 0.37x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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
3.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41091, Union, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,118 (100%) |
| Owner Occupied HU | 7,864 (86.2%) |
| Renter Occupied HU | 821 ( 9.0%) |
| Vacant Housing Units | 433 ( 4.7%) |
| Median Home Value | $410,432 |
| Average Home Value | $452,431 |
Housing Distribution
Address Breakdown
Residential
9,443
Single Family
9,443
Multi-Family
0
Businesses
277
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
3.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41091, Union, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,118 (100%) |
| Owner Occupied HU | 7,864 (86.2%) |
| Renter Occupied HU | 821 ( 9.0%) |
| Vacant Housing Units | 433 ( 4.7%) |
| Median Home Value | $410,432 |
| Average Home Value | $452,431 |
Housing Distribution
Address Breakdown
Residential
9,443
Single Family
9,443
Multi-Family
0
Businesses
277
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices