428 Main StCentertownKY42328
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 428 Main St, Centertown, KY, 42328 in Centertown at $179,000 earns $1,212/mo in rent and nets $123/mo after the $805/mo payment, a 8.13% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $49,454 over five years. Ziffy Mortgage underwrites this on a 1.51 DSCR without U.S. credit history. With $1,649/yr in principal paydown, total projected return reaches $75,687.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.2% |
| Monthly Cash Flow | $123 | $350 |
City averages based on Centertown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,212 |
| Total Monthly Debt Service | $1,018 |
| DSCR Ratio | 1.19x |
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 1960
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42328, Centertown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 617 (100%) |
| Owner Occupied HU | 436 (70.7%) |
| Renter Occupied HU | 106 (17.2%) |
| Vacant Housing Units | 75 (12.2%) |
| Median Home Value | $101,220 |
| Average Home Value | $157,724 |
Housing Distribution
Address Breakdown
Residential
481
Single Family
481
Multi-Family
0
Businesses
13
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 1960
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42328, Centertown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 617 (100%) |
| Owner Occupied HU | 436 (70.7%) |
| Renter Occupied HU | 106 (17.2%) |
| Vacant Housing Units | 75 (12.2%) |
| Median Home Value | $101,220 |
| Average Home Value | $157,724 |
Housing Distribution
Address Breakdown
Residential
481
Single Family
481
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Reagan Maggard • Five Star Realty
Mls Name: My State MLS
Mls ID: #11584992