512 Us Hwy 41-a SouthprovidenceKY42450
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 512 Us Hwy 41-a South, providence, KY, 42450 in providence. At $150,000 it earns $1,154/mo in rent and distributes $241/mo to the owner after the $711/mo payment, a consistent 9.23% yield. DSCR 1.62 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $41,442 in value; $1,257/yr in principal paydown compounds ownership stake. Total projected return: $69,534.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 8.0% |
| Monthly Cash Flow | $241 | $350 |
City averages based on providence market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,154 |
| Total Monthly Debt Service | $890 |
| DSCR Ratio | 1.30x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42450, Providence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,137 (60.1%) |
| Renter Occupied HU | 452 (23.9%) |
| Vacant Housing Units | 304 (16.1%) |
| Median Home Value | $75,879 |
| Average Home Value | $135,204 |
Housing Distribution
Address Breakdown
Residential
1,806
Single Family
1,780
Multi-Family
26
Businesses
143
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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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
