39135 State Highway 194 EPhelpsKY41553
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 39135 State Highway 194 E, Phelps, KY, 41553 in Phelps: $1,456/mo in rent, $338/mo in net income, 9.51% gross yield, 1.76 DSCR, all at $183,750. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $50,767 in appreciation and $1,692/yr in principal paydown projects total cumulative return of $91,395.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.5% |
| Monthly Cash Flow | $338 | $750 |
City averages based on Phelps market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,456 |
| Total Monthly Debt Service | $1,045 |
| DSCR Ratio | 1.39x |
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 1984
4.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41553, Phelps, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 704 (60.5%) |
| Renter Occupied HU | 210 (18.1%) |
| Vacant Housing Units | 249 (21.4%) |
| Median Home Value | $117,568 |
| Average Home Value | $145,579 |
Housing Distribution
Address Breakdown
Residential
744
Single Family
744
Multi-Family
0
Businesses
41
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 1984
4.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41553, Phelps, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 704 (60.5%) |
| Renter Occupied HU | 210 (18.1%) |
| Vacant Housing Units | 249 (21.4%) |
| Median Home Value | $117,568 |
| Average Home Value | $145,579 |
Housing Distribution
Address Breakdown
Residential
744
Single Family
744
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices