509 4th AveWorthingtonKY41183
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 509 4th Ave, Worthington, KY, 41183 in Worthington. At $225,000 it earns $1,681/mo in rent and distributes $312/mo to the owner after the $1,012/mo payment, a consistent 8.97% yield. DSCR 1.66 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $62,163 in value; $2,072/yr in principal paydown compounds ownership stake. Total projected return: $105,264.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.5% |
| Monthly Cash Flow | $312 | $150 |
City averages based on Worthington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,681 |
| Total Monthly Debt Service | $1,280 |
| DSCR Ratio | 1.31x |
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 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41183, Worthington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 458 (65.5%) |
| Renter Occupied HU | 163 (23.3%) |
| Vacant Housing Units | 78 (11.2%) |
| Median Home Value | $104,750 |
| Average Home Value | $127,609 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
24
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 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41183, Worthington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 458 (65.5%) |
| Renter Occupied HU | 163 (23.3%) |
| Vacant Housing Units | 78 (11.2%) |
| Median Home Value | $104,750 |
| Average Home Value | $127,609 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rylee Miller#2 • RE/MAX Realty Connection, LLC
Mls Name: AABR
Mls ID: #60064