399 Grimes RdCAMPBELLSVILLEKY42718
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 399 Grimes Rd, CAMPBELLSVILLE, KY, 42718 in CAMPBELLSVILLE fits: $424,900, 5.91% gross yield, and a projected 5% annual appreciation rate adding $117,392 in value within five years. Rental yield 5.91%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.10) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $3,913/yr in principal paydown and $117,392 in appreciation project a total return of $129,194.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 9.0% |
| Monthly Cash Flow | $(493) | $300 |
City averages based on CAMPBELLSVILLE market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,093 |
| Total Monthly Debt Service | $2,417 |
| DSCR Ratio | 0.87x |
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.
Single Family
Built in 1940
22.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42718, Campbellsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,651 (100%) |
| Owner Occupied HU | 6,973 (59.8%) |
| Renter Occupied HU | 3,626 (31.1%) |
| Vacant Housing Units | 1,052 ( 9.0%) |
| Median Home Value | $187,583 |
| Average Home Value | $220,439 |
Housing Distribution
Address Breakdown
Residential
11,146
Single Family
11,085
Multi-Family
61
Businesses
806
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 1940
22.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42718, Campbellsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,651 (100%) |
| Owner Occupied HU | 6,973 (59.8%) |
| Renter Occupied HU | 3,626 (31.1%) |
| Vacant Housing Units | 1,052 ( 9.0%) |
| Median Home Value | $187,583 |
| Average Home Value | $220,439 |
Housing Distribution
Address Breakdown
Residential
11,146
Single Family
11,085
Multi-Family
61
Businesses
806
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rhonda Smith • RHONDA SMITH REALTY INC
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24004401
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.