6803 State Route 849 WCunninghamKY42035
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 6803 State Route 849 W, Cunningham, KY, 42035 in Cunningham is narrow, $146/mo net on $1,576/mo rent after the $1,056/mo debt service, but the property operates at break-even-plus, not a loss. At $234,900 with a 8.05% yield, the long-run equity case via 5% appreciation ($64,899 over five years) and $2,163/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.49 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $98,435.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.0% |
| Monthly Cash Flow | $146 | $850 |
City averages based on Cunningham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,576 |
| Total Monthly Debt Service | $1,336 |
| DSCR Ratio | 1.18x |
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
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42035, Cunningham, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 284 (72.6%) |
| Renter Occupied HU | 59 (15.1%) |
| Vacant Housing Units | 48 (12.3%) |
| Median Home Value | $203,947 |
| Average Home Value | $327,958 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
348
Multi-Family
0
Businesses
49
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
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42035, Cunningham, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 284 (72.6%) |
| Renter Occupied HU | 59 (15.1%) |
| Vacant Housing Units | 48 (12.3%) |
| Median Home Value | $203,947 |
| Average Home Value | $327,958 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
348
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barry Pritchard • Keller Williams Experience Realty
Mls Name: WKRMLS
Mls ID: #133060
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.