66 Carl Wade RdGreensburgKY42743
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 66 Carl Wade Rd, Greensburg, KY, 42743 in Greensburg is capital appreciation. Rental yield 5.54%. The 5.54% gross yield at $309,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $85,620 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.03) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $88,131.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 8.0% |
| Monthly Cash Flow | $(455) | $350 |
City averages based on Greensburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,432 |
| Total Monthly Debt Service | $1,763 |
| DSCR Ratio | 0.81x |
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 1800
7.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42743, Greensburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,359 (100%) |
| Owner Occupied HU | 2,880 (66.1%) |
| Renter Occupied HU | 954 (21.9%) |
| Vacant Housing Units | 525 (12.0%) |
| Median Home Value | $117,857 |
| Average Home Value | $210,336 |
Housing Distribution
Address Breakdown
Residential
4,221
Single Family
4,147
Multi-Family
74
Businesses
335
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 1800
7.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42743, Greensburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,359 (100%) |
| Owner Occupied HU | 2,880 (66.1%) |
| Renter Occupied HU | 954 (21.9%) |
| Vacant Housing Units | 525 (12.0%) |
| Median Home Value | $117,857 |
| Average Home Value | $210,336 |
Housing Distribution
Address Breakdown
Residential
4,221
Single Family
4,147
Multi-Family
74
Businesses
335
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bridget D Childress • RENEE DOBSON REALTY GROUP, LLC
Mls Name: HKMLS
Mls ID: #HK25004072