59 Vanken Ridge RdBedfordKY40006
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 59 Vanken Ridge Rd, Bedford, KY, 40006 in Bedford: $4,669/mo in rent, $713/mo in net income, 8.62% gross yield, 1.60 DSCR, all at $650,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $179,583 in appreciation and $5,987/yr in principal paydown projects total cumulative return of $292,079.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.0% |
| Monthly Cash Flow | $713 | $350 |
City averages based on Bedford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,669 |
| Total Monthly Debt Service | $3,697 |
| DSCR Ratio | 1.26x |
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 1999
11.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40006, Bedford, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,245 (100%) |
| Owner Occupied HU | 1,627 (72.5%) |
| Renter Occupied HU | 375 (16.7%) |
| Vacant Housing Units | 243 (10.8%) |
| Median Home Value | $215,482 |
| Average Home Value | $219,785 |
Housing Distribution
Address Breakdown
Residential
1,995
Single Family
1,985
Multi-Family
10
Businesses
114
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 1999
11.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40006, Bedford, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,245 (100%) |
| Owner Occupied HU | 1,627 (72.5%) |
| Renter Occupied HU | 375 (16.7%) |
| Vacant Housing Units | 243 (10.8%) |
| Median Home Value | $215,482 |
| Average Home Value | $219,785 |
Housing Distribution
Address Breakdown
Residential
1,995
Single Family
1,985
Multi-Family
10
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices