969 N Jackson HwyHardyvilleKY42746
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.13% gross rental yield, 969 N Jackson Hwy, Hardyville, KY, 42746 in Hardyville is priced for capital growth, not immediate cash flow. The $805,999 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $222,683 by year five, with $7,423/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.39) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $81,585.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.1% | 6.0% |
| Monthly Cash Flow | $(3,476) | $450 |
City averages based on Hardyville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,429 |
| Total Monthly Debt Service | $4,585 |
| DSCR Ratio | 0.31x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2018
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42746, Hardyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 594 (72.9%) |
| Renter Occupied HU | 144 (17.7%) |
| Vacant Housing Units | 77 ( 9.4%) |
| Median Home Value | $149,306 |
| Average Home Value | $167,584 |
Housing Distribution
Address Breakdown
Residential
810
Single Family
810
Multi-Family
0
Businesses
27
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
Multi Family
Built in 2018
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42746, Hardyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 594 (72.9%) |
| Renter Occupied HU | 144 (17.7%) |
| Vacant Housing Units | 77 ( 9.4%) |
| Median Home Value | $149,306 |
| Average Home Value | $167,584 |
Housing Distribution
Address Breakdown
Residential
810
Single Family
810
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chelsie A Parrish • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20241781
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.