346 Williams LnStephensportKY40170
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 346 Williams Ln, Stephensport, KY, 40170 in Stephensport is a conservative rental investment at $210,000. Rental yield 6.64%. A 1.23 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $58,019; $1,934/yr in principal paydown supplements. Total projected return: $72,091.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 8.0% |
| Monthly Cash Flow | $(116) | $650 |
City averages based on Stephensport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,162 |
| Total Monthly Debt Service | $1,195 |
| DSCR Ratio | 0.97x |
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.
Manufactured
Built in 2024
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40170, Stephensport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 136 (100%) |
| Owner Occupied HU | 70 (51.5%) |
| Renter Occupied HU | 19 (14.0%) |
| Vacant Housing Units | 47 (34.6%) |
| Median Home Value | $175,000 |
| Average Home Value | $188,571 |
Housing Distribution
Address Breakdown
Residential
164
Single Family
164
Multi-Family
0
Businesses
4
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
Manufactured
Built in 2024
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40170, Stephensport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 136 (100%) |
| Owner Occupied HU | 70 (51.5%) |
| Renter Occupied HU | 19 (14.0%) |
| Vacant Housing Units | 47 (34.6%) |
| Median Home Value | $175,000 |
| Average Home Value | $188,571 |
Housing Distribution
Address Breakdown
Residential
164
Single Family
164
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GLARMLS
Mls ID: #1710440