3899 W Jefferson Davis HwyElktonKY42220
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 3899 W Jefferson Davis Hwy, Elkton, KY, 42220 in Elkton is narrow, $24/mo net on $931/mo rent after the $670/mo debt service, but the property operates at break-even-plus, not a loss. At $149,000 with a 7.5% yield, the long-run equity case via 5% appreciation ($41,166 over five years) and $1,372/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.39 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $58,012.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 5.8% |
| Monthly Cash Flow | $24 | $350 |
City averages based on Elkton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $931 |
| Total Monthly Debt Service | $848 |
| DSCR Ratio | 1.10x |
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 1960
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42220, Elkton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,784 (100%) |
| Owner Occupied HU | 1,850 (66.5%) |
| Renter Occupied HU | 593 (21.3%) |
| Vacant Housing Units | 341 (12.2%) |
| Median Home Value | $171,525 |
| Average Home Value | $183,912 |
Housing Distribution
Address Breakdown
Residential
2,547
Single Family
2,547
Multi-Family
0
Businesses
194
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 1960
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42220, Elkton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,784 (100%) |
| Owner Occupied HU | 1,850 (66.5%) |
| Renter Occupied HU | 593 (21.3%) |
| Vacant Housing Units | 341 (12.2%) |
| Median Home Value | $171,525 |
| Average Home Value | $183,912 |
Housing Distribution
Address Breakdown
Residential
2,547
Single Family
2,547
Multi-Family
0
Businesses
194
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janet M Hunt • Keller Williams First Choice Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20252165
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.