7148 Bailey RdMount ShermanKY42764
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.36% yield at 7148 Bailey Rd, Mount Sherman, KY, 42764 in Mount Sherman is solid, but the $1,394/mo payment compresses net cash flow to $13/mo at $309,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $85,620 by year five, and $2,854/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.36) without U.S. income documentation. Total projected return: $118,239.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 7.0% |
| Monthly Cash Flow | $13 | $850 |
City averages based on Mount Sherman market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,900 |
| Total Monthly Debt Service | $1,763 |
| DSCR Ratio | 1.08x |
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 1970
2.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42764, Mount Sherman, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 371 (100%) |
| Owner Occupied HU | 290 (78.2%) |
| Renter Occupied HU | 57 (15.4%) |
| Vacant Housing Units | 24 ( 6.5%) |
| Median Home Value | $192,424 |
| Average Home Value | $237,595 |
Housing Distribution
Address Breakdown
Residential
265
Single Family
265
Multi-Family
0
Businesses
3
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 1970
2.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42764, Mount Sherman, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 371 (100%) |
| Owner Occupied HU | 290 (78.2%) |
| Renter Occupied HU | 57 (15.4%) |
| Vacant Housing Units | 24 ( 6.5%) |
| Median Home Value | $192,424 |
| Average Home Value | $237,595 |
Housing Distribution
Address Breakdown
Residential
265
Single Family
265
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Harold Wimsett • Goldmark Realtors
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24002369
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.