505 Union StGhentKY41045
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow505 Union St, Ghent, KY, 41045 in Ghent is a top-tier cash-flow asset. At $224,900 it produces $2,014/mo in rent and $645/mo in net monthly income, a 10.74% gross rental yield. The DSCR of 1.99 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $7,738. Five-year appreciation adds $62,136, driving a total cumulative return of $126,699.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 8.0% |
| Monthly Cash Flow | $645 | $850 |
City averages based on Ghent market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,014 |
| Total Monthly Debt Service | $1,279 |
| DSCR Ratio | 1.57x |
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 1850
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41045, Ghent, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 583 (100%) |
| Owner Occupied HU | 375 (64.3%) |
| Renter Occupied HU | 136 (23.3%) |
| Vacant Housing Units | 72 (12.3%) |
| Median Home Value | $172,656 |
| Average Home Value | $203,467 |
Housing Distribution
Address Breakdown
Residential
504
Single Family
504
Multi-Family
0
Businesses
29
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 1850
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41045, Ghent, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 583 (100%) |
| Owner Occupied HU | 375 (64.3%) |
| Renter Occupied HU | 136 (23.3%) |
| Vacant Housing Units | 72 (12.3%) |
| Median Home Value | $172,656 |
| Average Home Value | $203,467 |
Housing Distribution
Address Breakdown
Residential
504
Single Family
504
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices