66 Searcy LnWhite MillsKY42788
INVESTMENT ANALYSIS
Investment Verdict
Solid Income66 Searcy Ln, White Mills, KY, 42788 in White Mills is a solid income-producing rental, 9.36% gross yield, $1,247/mo rent, $274/mo net cash flow on a $159,900 buy. DSCR 1.73 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $44,177 and $1,473/yr in principal reduction project a total cumulative return of $78,223.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 8.1% |
| Monthly Cash Flow | $274 | $350 |
City averages based on White Mills market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,247 |
| Total Monthly Debt Service | $910 |
| DSCR Ratio | 1.37x |
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 1998
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42788, White Mills, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 123 (100%) |
| Owner Occupied HU | 92 (74.8%) |
| Renter Occupied HU | 16 (13.0%) |
| Vacant Housing Units | 15 (12.2%) |
| Median Home Value | $319,048 |
| Average Home Value | $285,272 |
Housing Distribution
Address Breakdown
Residential
128
Single Family
128
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 1998
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42788, White Mills, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 123 (100%) |
| Owner Occupied HU | 92 (74.8%) |
| Renter Occupied HU | 16 (13.0%) |
| Vacant Housing Units | 15 (12.2%) |
| Median Home Value | $319,048 |
| Average Home Value | $285,272 |
Housing Distribution
Address Breakdown
Residential
128
Single Family
128
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: South Central Kentucky AOR
Mls ID: #SC48037