6471 Highway 401GarfieldKY40140
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6471 Highway 401, Garfield, KY, 40140 in Garfield speaks for itself: 10.98% gross on a $199,999 price, generating $1,830/mo in rent and $613/mo in net income after the $899/mo debt service. DSCR 2.04, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,353 stacks alongside $55,256 in projected five-year appreciation and $1,842/yr in principal reduction. Projected total cumulative return: $115,210.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 9.5% |
| Monthly Cash Flow | $613 | $520 |
City averages based on Garfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,830 |
| Total Monthly Debt Service | $1,138 |
| DSCR Ratio | 1.61x |
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 2020
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40140, Garfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 306 (100%) |
| Owner Occupied HU | 229 (74.8%) |
| Renter Occupied HU | 40 (13.1%) |
| Vacant Housing Units | 37 (12.1%) |
| Median Home Value | $168,452 |
| Average Home Value | $202,500 |
Housing Distribution
Address Breakdown
Residential
344
Single Family
344
Multi-Family
0
Businesses
8
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 2020
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40140, Garfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 306 (100%) |
| Owner Occupied HU | 229 (74.8%) |
| Renter Occupied HU | 40 (13.1%) |
| Vacant Housing Units | 37 (12.1%) |
| Median Home Value | $168,452 |
| Average Home Value | $202,500 |
Housing Distribution
Address Breakdown
Residential
344
Single Family
344
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices