60 Lexington DrGilbertsvilleKY42044
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 60 Lexington Dr, Gilbertsville, KY, 42044 in Gilbertsville at $710,000, 2.63% gross yield, is a market-growth asset. Rental yield 2.63%. The $1,556/mo rent partially funds the $3,193/mo debt service; the core return is the 5%/yr price growth projected to add $196,160 over five years. Ziffy Mortgage's DSCR mortgage (0.49) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $90,933.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 7.0% |
| Monthly Cash Flow | $(2,765) | $450 |
City averages based on Gilbertsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,556 |
| Total Monthly Debt Service | $4,039 |
| DSCR Ratio | 0.39x |
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.
Single Family
Built in 2023
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42044, Gilbertsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,332 (100%) |
| Owner Occupied HU | 1,291 (55.4%) |
| Renter Occupied HU | 244 (10.5%) |
| Vacant Housing Units | 797 (34.2%) |
| Median Home Value | $279,534 |
| Average Home Value | $302,725 |
Housing Distribution
Address Breakdown
Residential
1,778
Single Family
1,778
Multi-Family
0
Businesses
48
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 2023
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42044, Gilbertsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,332 (100%) |
| Owner Occupied HU | 1,291 (55.4%) |
| Renter Occupied HU | 244 (10.5%) |
| Vacant Housing Units | 797 (34.2%) |
| Median Home Value | $279,534 |
| Average Home Value | $302,725 |
Housing Distribution
Address Breakdown
Residential
1,778
Single Family
1,778
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lenny Powley • LP Real Estate Services, LLC
Mls Name: WKRMLS
Mls ID: #133237