89 Sims AveJamestownKY42629
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 89 Sims Ave, Jamestown, KY, 42629 in Jamestown is a conservative rental investment at $264,000. Rental yield 6.55%. A 1.15 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $72,938; $2,213/yr in principal paydown supplements. Total projected return: $84,353.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 7.8% |
| Monthly Cash Flow | $(167) | $450 |
City averages based on Jamestown 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 | $1,440 |
| Total Monthly Debt Service | $1,566 |
| DSCR Ratio | 0.92x |
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.
Manufactured
Built in 2022
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42629, Jamestown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,138 (100%) |
| Owner Occupied HU | 1,576 (50.2%) |
| Renter Occupied HU | 532 (17.0%) |
| Vacant Housing Units | 1,030 (32.8%) |
| Median Home Value | $215,183 |
| Average Home Value | $266,413 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,240
Multi-Family
40
Businesses
167
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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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