5545 Rabbit Flat RdCaneyvilleKY42721
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.75% gross rental yield, 5545 Rabbit Flat Rd, Caneyville, KY, 42721 in Caneyville is priced for capital growth, not immediate cash flow. The $550,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $151,955 by year five, with $5,066/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.07) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $162,426.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 8.5% |
| Monthly Cash Flow | $(713) | $150 |
City averages based on Caneyville 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 | $2,634 |
| Total Monthly Debt Service | $3,129 |
| DSCR Ratio | 0.84x |
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.
Manufactured
Built in 2011
39.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42721, Caneyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,702 (100%) |
| Owner Occupied HU | 1,154 (67.8%) |
| Renter Occupied HU | 295 (17.3%) |
| Vacant Housing Units | 253 (14.9%) |
| Median Home Value | $172,951 |
| Average Home Value | $244,270 |
Housing Distribution
Address Breakdown
Residential
1,554
Single Family
1,554
Multi-Family
0
Businesses
61
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
Manufactured
Built in 2011
39.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42721, Caneyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,702 (100%) |
| Owner Occupied HU | 1,154 (67.8%) |
| Renter Occupied HU | 295 (17.3%) |
| Vacant Housing Units | 253 (14.9%) |
| Median Home Value | $172,951 |
| Average Home Value | $244,270 |
Housing Distribution
Address Breakdown
Residential
1,554
Single Family
1,554
Multi-Family
0
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Metro Search Inc. LLC DBA Apex MLS
Mls ID: #1722369