37 Andover DrGlendaleKY42740
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow37 Andover Dr, Glendale, KY, 42740 in Glendale is a top-tier cash-flow asset. At $237,500 it produces $2,383/mo in rent and $938/mo in net monthly income, a 12.04% gross rental yield. The DSCR of 2.23 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $11,253. Five-year appreciation adds $65,617, driving a total cumulative return of $150,277.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 8.1% |
| Monthly Cash Flow | $938 | $450 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,383 |
| Total Monthly Debt Service | $1,351 |
| DSCR Ratio | 1.76x |
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 2001
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42740, Glendale, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 839 (100%) |
| Owner Occupied HU | 644 (76.8%) |
| Renter Occupied HU | 111 (13.2%) |
| Vacant Housing Units | 84 (10.0%) |
| Median Home Value | $339,631 |
| Average Home Value | $375,835 |
Housing Distribution
Address Breakdown
Residential
779
Single Family
779
Multi-Family
0
Businesses
45
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 2001
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42740, Glendale, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 839 (100%) |
| Owner Occupied HU | 644 (76.8%) |
| Renter Occupied HU | 111 (13.2%) |
| Vacant Housing Units | 84 (10.0%) |
| Median Home Value | $339,631 |
| Average Home Value | $375,835 |
Housing Distribution
Address Breakdown
Residential
779
Single Family
779
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices