746 Blue Ridge RdSmithlandKY42081
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 746 Blue Ridge Rd, Smithland, KY, 42081 in Smithland delivers $2,922/mo in gross rent and $489/mo in net monthly income at a $399,700 entry. The 8.77% yield and 1.63 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $110,430 over five years and $3,681/yr in equity from loan paydown, total projected return is $182,899.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 9.0% |
| Monthly Cash Flow | $489 | $700 |
City averages based on Smithland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,922 |
| Total Monthly Debt Service | $2,274 |
| DSCR Ratio | 1.29x |
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 2007
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42081, Smithland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,011 (100%) |
| Owner Occupied HU | 676 (66.9%) |
| Renter Occupied HU | 144 (14.2%) |
| Vacant Housing Units | 191 (18.9%) |
| Median Home Value | $138,710 |
| Average Home Value | $229,589 |
Housing Distribution
Address Breakdown
Residential
887
Single Family
875
Multi-Family
12
Businesses
56
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 2007
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42081, Smithland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,011 (100%) |
| Owner Occupied HU | 676 (66.9%) |
| Renter Occupied HU | 144 (14.2%) |
| Vacant Housing Units | 191 (18.9%) |
| Median Home Value | $138,710 |
| Average Home Value | $229,589 |
Housing Distribution
Address Breakdown
Residential
887
Single Family
875
Multi-Family
12
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices