970 Highway 3001Lenarue CKY40818
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 970 Highway 3001, Lenarue C, KY, 40818 in Lenarue C is listed at $145,000 and delivers $1,143/mo in rent and $261/mo in net monthly cash flow. The 9.46% yield and 1.75 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 $40,061 over five years, and $1,335/yr in principal reduction supplements cash return. Total projected cumulative return: $71,722.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.5% |
| Monthly Cash Flow | $261 | $100 |
City averages based on Lenarue C market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,143 |
| Total Monthly Debt Service | $825 |
| DSCR Ratio | 1.39x |
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 N/A
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40818, Coalgood, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 118 (100%) |
| Owner Occupied HU | 85 (72.0%) |
| Renter Occupied HU | 20 (16.9%) |
| Vacant Housing Units | 13 (11.0%) |
| Median Home Value | $65,833 |
| Average Home Value | $80,176 |
Housing Distribution
Address Breakdown
Residential
41
Single Family
41
Multi-Family
0
Businesses
2
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 N/A
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40818, Coalgood, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 118 (100%) |
| Owner Occupied HU | 85 (72.0%) |
| Renter Occupied HU | 20 (16.9%) |
| Vacant Housing Units | 13 (11.0%) |
| Median Home Value | $65,833 |
| Average Home Value | $80,176 |
Housing Distribution
Address Breakdown
Residential
41
Single Family
41
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices