885 Right Fork Of Beaver CrkElkhorn CityKY41522
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 885 Right Fork Of Beaver Crk, Elkhorn City, KY, 41522 in Elkhorn City is listed at $169,000 and delivers $1,340/mo in rent and $312/mo in net monthly cash flow. The 9.52% yield and 1.67 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $46,692 over five years, and $1,417/yr in principal reduction supplements cash return. Total projected cumulative return: $80,902.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 8.0% |
| Monthly Cash Flow | $312 | $800 |
City averages based on Elkhorn City 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 | $1,340 |
| Total Monthly Debt Service | $1,003 |
| DSCR Ratio | 1.34x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1987
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41522, Elkhorn City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,449 (100%) |
| Owner Occupied HU | 1,598 (65.3%) |
| Renter Occupied HU | 431 (17.6%) |
| Vacant Housing Units | 420 (17.1%) |
| Median Home Value | $106,178 |
| Average Home Value | $147,963 |
Housing Distribution
Address Breakdown
Residential
1,241
Single Family
1,241
Multi-Family
0
Businesses
73
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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
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Listed by: Joey Mccarty • 5.23 Real Estate
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #129546
