305 W Main StLouisaKY41230
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 305 W Main St, Louisa, KY, 41230 in Louisa deserves attention. This $211,400 property earns $1,930/mo in rent, a 10.95% gross yield, and nets $643/mo after the $951/mo payment. DSCR 2.03 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $58,406 compounds alongside $1,947/yr in yearly equity build, for a total cumulative return of $121,498.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 8.0% |
| Monthly Cash Flow | $643 | $1,200 |
City averages based on Louisa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,930 |
| Total Monthly Debt Service | $1,203 |
| DSCR Ratio | 1.60x |
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 1986
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41230, Louisa, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,603 (100%) |
| Owner Occupied HU | 3,611 (64.4%) |
| Renter Occupied HU | 1,210 (21.6%) |
| Vacant Housing Units | 782 (14.0%) |
| Median Home Value | $138,662 |
| Average Home Value | $166,173 |
Housing Distribution
Address Breakdown
Residential
5,205
Single Family
5,205
Multi-Family
0
Businesses
325
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 1986
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41230, Louisa, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,603 (100%) |
| Owner Occupied HU | 3,611 (64.4%) |
| Renter Occupied HU | 1,210 (21.6%) |
| Vacant Housing Units | 782 (14.0%) |
| Median Home Value | $138,662 |
| Average Home Value | $166,173 |
Housing Distribution
Address Breakdown
Residential
5,205
Single Family
5,205
Multi-Family
0
Businesses
325
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices