54 Bourland AveDixonKY42409
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 54 Bourland Ave, Dixon, KY, 42409 in Dixon is narrow, $117/mo net on $1,060/mo rent after the $697/mo debt service, but the property operates at break-even-plus, not a loss. At $154,900 with a 8.21% yield, the long-run equity case via 5% appreciation ($42,796 over five years) and $1,427/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.52 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $66,201.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $117 | $800 |
City averages based on Dixon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,060 |
| Total Monthly Debt Service | $881 |
| DSCR Ratio | 1.20x |
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 1973
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42409, Dixon, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 935 (100%) |
| Owner Occupied HU | 690 (73.8%) |
| Renter Occupied HU | 174 (18.6%) |
| Vacant Housing Units | 71 ( 7.6%) |
| Median Home Value | $171,538 |
| Average Home Value | $213,069 |
Housing Distribution
Address Breakdown
Residential
917
Single Family
917
Multi-Family
0
Businesses
90
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 1973
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42409, Dixon, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 935 (100%) |
| Owner Occupied HU | 690 (73.8%) |
| Renter Occupied HU | 174 (18.6%) |
| Vacant Housing Units | 71 ( 7.6%) |
| Median Home Value | $171,538 |
| Average Home Value | $213,069 |
Housing Distribution
Address Breakdown
Residential
917
Single Family
917
Multi-Family
0
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices