2855 Furnace JctRavennaKY40472
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2855 Furnace Jct, Ravenna, KY, 40472 in Ravenna hard to pass up. The 10.87% gross yield on a $169,900 purchase results in $1,540/mo in rent and $506/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.02). Annual cash flow of $6,067, five-year appreciation of $46,940, and $1,565/yr in equity build-up combine for a projected total cumulative return of $96,927.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 8.0% |
| Monthly Cash Flow | $506 | $600 |
City averages based on Ravenna market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,540 |
| Total Monthly Debt Service | $966 |
| DSCR Ratio | 1.59x |
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 1934
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40472, Ravenna, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 678 (100%) |
| Owner Occupied HU | 445 (65.6%) |
| Renter Occupied HU | 127 (18.7%) |
| Vacant Housing Units | 106 (15.6%) |
| Median Home Value | $95,179 |
| Average Home Value | $112,904 |
Housing Distribution
Address Breakdown
Residential
745
Single Family
736
Multi-Family
9
Businesses
38
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 1934
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40472, Ravenna, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 678 (100%) |
| Owner Occupied HU | 445 (65.6%) |
| Renter Occupied HU | 127 (18.7%) |
| Vacant Housing Units | 106 (15.6%) |
| Median Home Value | $95,179 |
| Average Home Value | $112,904 |
Housing Distribution
Address Breakdown
Residential
745
Single Family
736
Multi-Family
9
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices