704 Waterfront StGreenupKY41144
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 704 Waterfront St, Greenup, KY, 41144 in Greenup at $349,000, 2.32% gross yield, is a market-growth asset. Rental yield 2.32%. The $674/mo rent partially funds the $1,654/mo debt service; the core return is the 5%/yr price growth projected to add $96,422 over five years. Ziffy Mortgage's DSCR mortgage (0.41) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $32,374.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 6.5% |
| Monthly Cash Flow | $(1,450) | $450 |
City averages based on Greenup 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 | $674 |
| Total Monthly Debt Service | $2,070 |
| DSCR Ratio | 0.33x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1925
0.61 Acres lot
$N/A/sqft
No HOA
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- 3 Bed
- 2 Bath
- 1275 sft
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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
Nearby investment properties with comparable rents
- 3 Bed
- 2 Bath
- 1275 sft
- 3 Bed
- 2 Bath
- 1265 sft
Nearby investment properties with comparable prices
