51 Shade Tree LnFarmingtonKY42040
INVESTMENT ANALYSIS
Investment Verdict
Solid Income51 Shade Tree Ln, Farmington, KY, 42040 in Farmington is a solid income-producing rental, 9.96% gross yield, $1,412/mo rent, $353/mo net cash flow on a $159,800 buy. DSCR 1.96 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $44,150 and $1,472/yr in principal reduction project a total cumulative return of $88,798.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 8.5% |
| Monthly Cash Flow | $353 | $450 |
City averages based on Farmington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,412 |
| Total Monthly Debt Service | $909 |
| DSCR Ratio | 1.55x |
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 N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42040, Farmington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 502 (100%) |
| Owner Occupied HU | 351 (69.9%) |
| Renter Occupied HU | 113 (22.5%) |
| Vacant Housing Units | 38 ( 7.6%) |
| Median Home Value | $191,518 |
| Average Home Value | $237,393 |
Housing Distribution
Address Breakdown
Residential
486
Single Family
485
Multi-Family
1
Businesses
17
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 N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42040, Farmington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 502 (100%) |
| Owner Occupied HU | 351 (69.9%) |
| Renter Occupied HU | 113 (22.5%) |
| Vacant Housing Units | 38 ( 7.6%) |
| Median Home Value | $191,518 |
| Average Home Value | $237,393 |
Housing Distribution
Address Breakdown
Residential
486
Single Family
485
Multi-Family
1
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sue Ann Stevens • Benchmark Realty
Mls Name: WKRMLS
Mls ID: #131395
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.