328 Champion Hills Rd UNIT 2CKuttawaKY42055
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 328 Champion Hills Rd UNIT 2C, Kuttawa, KY, 42055 in Kuttawa achieves 1.57, rent of $1,901/mo covers the $1,214/mo payment 1.5x over at $269,900. Rental yield 8.45%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $74,568 over five years, with $2,486/yr in principal reduction bringing total projected return to $97,676.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $(95) | $400 |
City averages based on Kuttawa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,901 |
| Total Monthly Debt Service | $1,888 |
| DSCR Ratio | 1.01x |
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.
Condo
Built in 1979
N/A lot
$N/A/sqft
$353 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42055, Kuttawa, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,803 (100%) |
| Owner Occupied HU | 1,087 (60.3%) |
| Renter Occupied HU | 156 ( 8.7%) |
| Vacant Housing Units | 560 (31.1%) |
| Median Home Value | $237,745 |
| Average Home Value | $237,146 |
Housing Distribution
Address Breakdown
Residential
1,330
Single Family
1,330
Multi-Family
0
Businesses
66
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
Condo
Built in 1979
N/A lot
$N/A/sqft
$353 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42055, Kuttawa, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,803 (100%) |
| Owner Occupied HU | 1,087 (60.3%) |
| Renter Occupied HU | 156 ( 8.7%) |
| Vacant Housing Units | 560 (31.1%) |
| Median Home Value | $237,745 |
| Average Home Value | $237,146 |
Housing Distribution
Address Breakdown
Residential
1,330
Single Family
1,330
Multi-Family
0
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Ann Clapp • The Jeter Group
Mls Name: WKRMLS
Mls ID: #133994
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.