50 Hopewell Church RdFordsvilleKY42343
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 50 Hopewell Church Rd, Fordsville, KY, 42343 in Fordsville at $995,900, 1.86% gross yield, is a market-growth asset. Rental yield 1.86%. The $1,544/mo rent partially funds the $4,478/mo debt service; the core return is the 5%/yr price growth projected to add $275,149 over five years. Ziffy Mortgage's DSCR mortgage (0.34) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $86,548.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.9% | 8.0% |
| Monthly Cash Flow | $(4,517) | $550 |
City averages based on Fordsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,544 |
| Total Monthly Debt Service | $5,665 |
| DSCR Ratio | 0.27x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
178.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42343, Fordsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 856 (100%) |
| Owner Occupied HU | 558 (65.2%) |
| Renter Occupied HU | 194 (22.7%) |
| Vacant Housing Units | 104 (12.1%) |
| Median Home Value | $153,676 |
| Average Home Value | $231,416 |
Housing Distribution
Address Breakdown
Residential
761
Single Family
761
Multi-Family
0
Businesses
41
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 2005
178.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42343, Fordsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 856 (100%) |
| Owner Occupied HU | 558 (65.2%) |
| Renter Occupied HU | 194 (22.7%) |
| Vacant Housing Units | 104 (12.1%) |
| Median Home Value | $153,676 |
| Average Home Value | $231,416 |
Housing Distribution
Address Breakdown
Residential
761
Single Family
761
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie L Rogers • Full Potential Properties, LLC
Mls Name: RASK
Mls Provider:
Mls ID: #RA20244900
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