5 Bath AveOwingsvilleKY40360
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 5 Bath Ave, Owingsville, KY, 40360 in Owingsville. At $200,000 it earns $1,296/mo in rent and distributes $240/mo to the owner after the $899/mo payment, a consistent 8.74% yield. DSCR 1.44 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $55,256 in value; $1,842/yr in principal paydown compounds ownership stake. Total projected return: $80,843.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 8.5% |
| Monthly Cash Flow | $240 | $350 |
City averages based on Owingsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,296 |
| Total Monthly Debt Service | $1,138 |
| DSCR Ratio | 1.14x |
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 1939
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40360, Owingsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,167 (100%) |
| Owner Occupied HU | 2,081 (65.7%) |
| Renter Occupied HU | 785 (24.8%) |
| Vacant Housing Units | 301 ( 9.5%) |
| Median Home Value | $119,821 |
| Average Home Value | $142,007 |
Housing Distribution
Address Breakdown
Residential
2,653
Single Family
2,653
Multi-Family
0
Businesses
161
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 1939
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40360, Owingsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,167 (100%) |
| Owner Occupied HU | 2,081 (65.7%) |
| Renter Occupied HU | 785 (24.8%) |
| Vacant Housing Units | 301 ( 9.5%) |
| Median Home Value | $119,821 |
| Average Home Value | $142,007 |
Housing Distribution
Address Breakdown
Residential
2,653
Single Family
2,653
Multi-Family
0
Businesses
161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Warren • Freedom Realty & Property Management
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006937
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.