3100 Friendship RdGreenvilleKY42345
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3100 Friendship Rd, Greenville, KY, 42345 in Greenville hard to pass up. The 11.69% gross yield on a $209,900 purchase results in $2,045/mo in rent and $767/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.17). Annual cash flow of $9,208, five-year appreciation of $57,992, and $1,933/yr in equity build-up combine for a projected total cumulative return of $128,890.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 8.0% |
| Monthly Cash Flow | $767 | $1,200 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,045 |
| Total Monthly Debt Service | $1,194 |
| DSCR Ratio | 1.71x |
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 1981
1.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42345, Greenville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,924 (100%) |
| Owner Occupied HU | 3,379 (68.6%) |
| Renter Occupied HU | 1,019 (20.7%) |
| Vacant Housing Units | 526 (10.7%) |
| Median Home Value | $155,511 |
| Average Home Value | $185,459 |
Housing Distribution
Address Breakdown
Residential
4,644
Single Family
4,620
Multi-Family
24
Businesses
309
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 1981
1.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42345, Greenville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,924 (100%) |
| Owner Occupied HU | 3,379 (68.6%) |
| Renter Occupied HU | 1,019 (20.7%) |
| Vacant Housing Units | 526 (10.7%) |
| Median Home Value | $155,511 |
| Average Home Value | $185,459 |
Housing Distribution
Address Breakdown
Residential
4,644
Single Family
4,620
Multi-Family
24
Businesses
309
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Wright • Wright Choice of Kentucky Realty & Auction
Mls Name: My State MLS
Mls ID: #11608310