487 Zelcova DrEminenceKY40019
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 487 Zelcova Dr, Eminence, KY, 40019 in Eminence worth study. Rental yield 3.77%. The 3.77% gross yield is below cash-flow benchmarks at $312,445, but 5% annual appreciation, adding $86,323 over five years, frames this as a capital growth position. Rent of $982/mo partially offsets the $1,481/mo payment. Ziffy Mortgage finances appreciation-play properties (0.66 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $53,306.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 5.8% |
| Monthly Cash Flow | $(920) | $350 |
City averages based on Eminence 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 | $982 |
| Total Monthly Debt Service | $1,853 |
| DSCR Ratio | 0.53x |
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.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40019, Eminence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,728 (100%) |
| Owner Occupied HU | 1,084 (62.7%) |
| Renter Occupied HU | 569 (32.9%) |
| Vacant Housing Units | 75 ( 4.3%) |
| Median Home Value | $205,587 |
| Average Home Value | $251,402 |
Housing Distribution
Address Breakdown
Residential
1,687
Single Family
1,685
Multi-Family
2
Businesses
118
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
