700 Cedarmore RdBagdadKY40003
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 700 Cedarmore Rd, Bagdad, KY, 40003 in Bagdad. Rental yield 5.49%. At $639,000 with 5.49% gross yield, current distributions are modest, but the 5% appreciation rate projects $176,544 in new equity by year five, complemented by $5,885/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.02) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $179,759.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 9.1% |
| Monthly Cash Flow | $(968) | $350 |
City averages based on Bagdad market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,921 |
| Total Monthly Debt Service | $3,635 |
| DSCR Ratio | 0.80x |
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 2001
4.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40003, Bagdad, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 790 (100%) |
| Owner Occupied HU | 624 (79.0%) |
| Renter Occupied HU | 100 (12.7%) |
| Vacant Housing Units | 66 ( 8.4%) |
| Median Home Value | $332,692 |
| Average Home Value | $362,969 |
Housing Distribution
Address Breakdown
Residential
769
Single Family
769
Multi-Family
0
Businesses
21
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 2001
4.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40003, Bagdad, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 790 (100%) |
| Owner Occupied HU | 624 (79.0%) |
| Renter Occupied HU | 100 (12.7%) |
| Vacant Housing Units | 66 ( 8.4%) |
| Median Home Value | $332,692 |
| Average Home Value | $362,969 |
Housing Distribution
Address Breakdown
Residential
769
Single Family
769
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices