422 Riverpointe Dr Unit 3DaytonKY41074
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 422 Riverpointe Dr Unit 3, Dayton, KY, 41074 in Dayton is capital appreciation. Rental yield 4.76%. The 4.76% gross yield at $479,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $132,588 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.84) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $107,355.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 7.0% |
| Monthly Cash Flow | $(1,539) | $350 |
City averages based on Dayton 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 | $1,904 |
| Total Monthly Debt Service | $2,847 |
| DSCR Ratio | 0.67x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41074, Dayton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,105 (100%) |
| Owner Occupied HU | 1,324 (42.6%) |
| Renter Occupied HU | 1,368 (44.1%) |
| Vacant Housing Units | 413 (13.3%) |
| Median Home Value | $217,518 |
| Average Home Value | $310,013 |
Housing Distribution
Address Breakdown
Residential
2,623
Single Family
2,261
Multi-Family
362
Businesses
89
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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
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