404 Lower Nickell BrHazel GreenKY41332
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 404 Lower Nickell Br, Hazel Green, KY, 41332 in Hazel Green fits: $699,000, 2.64% gross yield, and a projected 5% annual appreciation rate adding $193,121 in value within five years. Rental yield 2.64%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.49) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $6,438/yr in principal paydown and $193,121 in appreciation project a total return of $90,009.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 6.1% |
| Monthly Cash Flow | $(2,716) | $180 |
City averages based on Hazel Green market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,538 |
| Total Monthly Debt Service | $3,976 |
| DSCR Ratio | 0.39x |
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 2003
156.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41332, Hazel Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 558 (100%) |
| Owner Occupied HU | 380 (68.1%) |
| Renter Occupied HU | 90 (16.1%) |
| Vacant Housing Units | 88 (15.8%) |
| Median Home Value | $74,167 |
| Average Home Value | $110,316 |
Housing Distribution
Address Breakdown
Residential
474
Single Family
474
Multi-Family
0
Businesses
24
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 2003
156.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41332, Hazel Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 558 (100%) |
| Owner Occupied HU | 380 (68.1%) |
| Renter Occupied HU | 90 (16.1%) |
| Vacant Housing Units | 88 (15.8%) |
| Median Home Value | $74,167 |
| Average Home Value | $110,316 |
Housing Distribution
Address Breakdown
Residential
474
Single Family
474
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Imagine MLS
Mls ID: #26011618