537 Alford RdHorse BranchKY42349
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 537 Alford Rd, Horse Branch, KY, 42349 in Horse Branch is a conservative rental investment at $245,000. Rental yield 6.51%. A 1.21 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $67,689; $2,256/yr in principal paydown supplements. Total projected return: $82,324.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 8.5% |
| Monthly Cash Flow | $(163) | $450 |
City averages based on Horse Branch 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 | $1,328 |
| Total Monthly Debt Service | $1,394 |
| DSCR Ratio | 0.95x |
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 1953
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42349, Horse Branch, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 688 (100%) |
| Owner Occupied HU | 517 (75.1%) |
| Renter Occupied HU | 93 (13.5%) |
| Vacant Housing Units | 78 (11.3%) |
| Median Home Value | $120,898 |
| Average Home Value | $181,784 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
562
Multi-Family
0
Businesses
9
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 1953
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42349, Horse Branch, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 688 (100%) |
| Owner Occupied HU | 517 (75.1%) |
| Renter Occupied HU | 93 (13.5%) |
| Vacant Housing Units | 78 (11.3%) |
| Median Home Value | $120,898 |
| Average Home Value | $181,784 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
562
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Greater Owensboro Realtor Association
Mls ID: #94807