414 S Mill StVine GroveKY40175
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 414 S Mill St, Vine Grove, KY, 40175 in Vine Grove speaks for itself: 10.65% gross on a $229,000 price, generating $2,033/mo in rent and $639/mo in net income after the $1,030/mo debt service. DSCR 1.97, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,669 stacks alongside $63,268 in projected five-year appreciation and $2,109/yr in principal reduction. Projected total cumulative return: $127,902.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 8.5% |
| Monthly Cash Flow | $639 | $450 |
City averages based on Vine Grove market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,033 |
| Total Monthly Debt Service | $1,303 |
| DSCR Ratio | 1.56x |
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 1975
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40175, Vine Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,637 (100%) |
| Owner Occupied HU | 4,713 (71.0%) |
| Renter Occupied HU | 1,418 (21.4%) |
| Vacant Housing Units | 506 ( 7.6%) |
| Median Home Value | $257,249 |
| Average Home Value | $269,255 |
Housing Distribution
Address Breakdown
Residential
6,160
Single Family
6,160
Multi-Family
0
Businesses
170
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 1975
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40175, Vine Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,637 (100%) |
| Owner Occupied HU | 4,713 (71.0%) |
| Renter Occupied HU | 1,418 (21.4%) |
| Vacant Housing Units | 506 ( 7.6%) |
| Median Home Value | $257,249 |
| Average Home Value | $269,255 |
Housing Distribution
Address Breakdown
Residential
6,160
Single Family
6,160
Multi-Family
0
Businesses
170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GLARMLS
Mls ID: #1712342