5931 North Ky #15Pine RidgeKY41360
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 5931 North Ky #15, Pine Ridge, KY, 41360 in Pine Ridge. Rental yield 2.88%. At $727,000 with 2.88% gross yield, current distributions are modest, but the 5% appreciation rate projects $200,857 in new equity by year five, complemented by $6,696/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.53) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $102,912.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.9% | 6.0% |
| Monthly Cash Flow | $(2,680) | $800 |
City averages based on Pine Ridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,745 |
| Total Monthly Debt Service | $4,135 |
| DSCR Ratio | 0.42x |
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.
Multi Family
Built in 1994
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41360, Pine Ridge, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 155 (100%) |
| Owner Occupied HU | 97 (62.6%) |
| Renter Occupied HU | 20 (12.9%) |
| Vacant Housing Units | 38 (24.5%) |
| Median Home Value | $56,250 |
| Average Home Value | $141,263 |
Housing Distribution
Address Breakdown
Residential
175
Single Family
175
Multi-Family
0
Businesses
0
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
Multi Family
Built in 1994
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41360, Pine Ridge, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 155 (100%) |
| Owner Occupied HU | 97 (62.6%) |
| Renter Occupied HU | 20 (12.9%) |
| Vacant Housing Units | 38 (24.5%) |
| Median Home Value | $56,250 |
| Average Home Value | $141,263 |
Housing Distribution
Address Breakdown
Residential
175
Single Family
175
Multi-Family
0
Businesses
0
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rony Jo Ballou • Power House Realty
Mls Name: Imagine MLS
Mls ID: #25503082