651 Fairview RdSalvisaKY40372
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderAt $158,900, 651 Fairview Rd, Salvisa, KY, 40372 in Salvisa generates $968/mo in rent (7.31% yield) but nets only $1/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.35) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $43,901. Total projected return: $60,231.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 7.2% |
| Monthly Cash Flow | $1 | $300 |
City averages based on Salvisa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $968 |
| Total Monthly Debt Service | $904 |
| DSCR Ratio | 1.07x |
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 N/A
14.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40372, Salvisa, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 996 (100%) |
| Owner Occupied HU | 834 (83.7%) |
| Renter Occupied HU | 103 (10.3%) |
| Vacant Housing Units | 59 ( 5.9%) |
| Median Home Value | $262,403 |
| Average Home Value | $329,143 |
Housing Distribution
Address Breakdown
Residential
1,012
Single Family
1,012
Multi-Family
0
Businesses
25
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 N/A
14.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40372, Salvisa, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 996 (100%) |
| Owner Occupied HU | 834 (83.7%) |
| Renter Occupied HU | 103 (10.3%) |
| Vacant Housing Units | 59 ( 5.9%) |
| Median Home Value | $262,403 |
| Average Home Value | $329,143 |
Housing Distribution
Address Breakdown
Residential
1,012
Single Family
1,012
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Autumn R Boblitt • Torrey Smith Realty Co, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25014463
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.