2901 Pitts RdRavennaKY40472
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.69% gross rental yield, 2901 Pitts Rd, Ravenna, KY, 40472 in Ravenna is priced for capital growth, not immediate cash flow. The $350,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $96,699 by year five, with $3,224/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.05) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $102,163.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 8.0% |
| Monthly Cash Flow | $(472) | $600 |
City averages based on Ravenna market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,658 |
| Total Monthly Debt Service | $1,991 |
| DSCR Ratio | 0.83x |
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 2000
10 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 2000
10 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
Listed by: Jon Arnold • Ky Real Estate Professionals, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25005117
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.