59 E Railroad AveClay CityKY40312
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 59 E Railroad Ave, Clay City, KY, 40312 in Clay City speaks for itself: 13.38% gross on a $135,000 price, generating $1,505/mo in rent and $683/mo in net income after the $607/mo debt service. DSCR 2.48, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,198 stacks alongside $37,298 in projected five-year appreciation and $1,243/yr in principal reduction. Projected total cumulative return: $95,162.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 7.5% |
| Monthly Cash Flow | $683 | $800 |
City averages based on Clay City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,505 |
| Total Monthly Debt Service | $768 |
| DSCR Ratio | 1.96x |
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 1975
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40312, Clay City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,577 (100%) |
| Owner Occupied HU | 1,670 (64.8%) |
| Renter Occupied HU | 644 (25.0%) |
| Vacant Housing Units | 263 (10.2%) |
| Median Home Value | $178,030 |
| Average Home Value | $208,909 |
Housing Distribution
Address Breakdown
Residential
2,313
Single Family
2,313
Multi-Family
0
Businesses
109
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 1975
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40312, Clay City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,577 (100%) |
| Owner Occupied HU | 1,670 (64.8%) |
| Renter Occupied HU | 644 (25.0%) |
| Vacant Housing Units | 263 (10.2%) |
| Median Home Value | $178,030 |
| Average Home Value | $208,909 |
Housing Distribution
Address Breakdown
Residential
2,313
Single Family
2,313
Multi-Family
0
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Slava Furs • 85W Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25017106
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.