823 Cumberland AveFlatwoodsKY41139
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Flatwoods rentals match the income profile of 823 Cumberland Ave, Flatwoods, KY, 41139. Listed at $148,500, gross rent is $1,459/mo and net cash flow is $555/mo, a 11.79% yield well above national averages. DSCR 2.18 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $41,028 by year five with $1,368/yr in annual principal reduction, projecting $92,012 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 8.0% |
| Monthly Cash Flow | $555 | $750 |
City averages based on Flatwoods market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,459 |
| Total Monthly Debt Service | $845 |
| DSCR Ratio | 1.73x |
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 1965
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41139, Flatwoods, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,674 (100%) |
| Owner Occupied HU | 2,426 (66.0%) |
| Renter Occupied HU | 897 (24.4%) |
| Vacant Housing Units | 351 ( 9.6%) |
| Median Home Value | $137,879 |
| Average Home Value | $158,407 |
Housing Distribution
Address Breakdown
Residential
3,659
Single Family
3,583
Multi-Family
76
Businesses
204
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 1965
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41139, Flatwoods, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,674 (100%) |
| Owner Occupied HU | 2,426 (66.0%) |
| Renter Occupied HU | 897 (24.4%) |
| Vacant Housing Units | 351 ( 9.6%) |
| Median Home Value | $137,879 |
| Average Home Value | $158,407 |
Housing Distribution
Address Breakdown
Residential
3,659
Single Family
3,583
Multi-Family
76
Businesses
204
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christie Giompalo • Realty Exchange Commercial / Residential Brokerage
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #179645
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.