6719 John Hancock PlProspectKY40059
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 6719 John Hancock Pl, Prospect, KY, 40059 in Prospect worth study. Rental yield 5.99%. The 5.99% gross yield is below cash-flow benchmarks at $624,000, but 5% annual appreciation, adding $172,400 over five years, frames this as a capital growth position. Rent of $3,355/mo partially offsets the $2,806/mo payment. Ziffy Mortgage finances appreciation-play properties (1.20 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $197,357.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 7.5% |
| Monthly Cash Flow | $(859) | $500 |
City averages based on Prospect market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,355 |
| Total Monthly Debt Service | $3,724 |
| DSCR Ratio | 0.90x |
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.
Townhouse
Built in 1977
10,018 sqft lot
$N/A/sqft
$2,100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40059, Prospect, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,660 (100%) |
| Owner Occupied HU | 6,922 (79.9%) |
| Renter Occupied HU | 1,111 (12.8%) |
| Vacant Housing Units | 627 ( 7.2%) |
| Median Home Value | $575,166 |
| Average Home Value | $626,621 |
Housing Distribution
Address Breakdown
Residential
8,880
Single Family
7,686
Multi-Family
1,194
Businesses
581
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
Townhouse
Built in 1977
10,018 sqft lot
$N/A/sqft
$2,100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40059, Prospect, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,660 (100%) |
| Owner Occupied HU | 6,922 (79.9%) |
| Renter Occupied HU | 1,111 (12.8%) |
| Vacant Housing Units | 627 ( 7.2%) |
| Median Home Value | $575,166 |
| Average Home Value | $626,621 |
Housing Distribution
Address Breakdown
Residential
8,880
Single Family
7,686
Multi-Family
1,194
Businesses
581
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Florence Browne • EXP Realty LLC
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1684973
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