98 Shepherds WayRineyvilleKY40162
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 98 Shepherds Way, Rineyville, KY, 40162 in Rineyville at $625,000, 3.86% gross yield, is a market-growth asset. Rental yield 3.86%. The $2,010/mo rent partially funds the $2,810/mo debt service; the core return is the 5%/yr price growth projected to add $172,676 over five years. Ziffy Mortgage's DSCR mortgage (0.72) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $121,342.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 6.0% |
| Monthly Cash Flow | $(1,794) | $700 |
City averages based on Rineyville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,010 |
| Total Monthly Debt Service | $3,555 |
| DSCR Ratio | 0.57x |
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.
Single Family
Built in 2025
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40162, Rineyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,310 (100%) |
| Owner Occupied HU | 1,833 (79.4%) |
| Renter Occupied HU | 364 (15.8%) |
| Vacant Housing Units | 113 ( 4.9%) |
| Median Home Value | $272,074 |
| Average Home Value | $286,563 |
Housing Distribution
Address Breakdown
Residential
2,361
Single Family
2,361
Multi-Family
0
Businesses
57
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 2025
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40162, Rineyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,310 (100%) |
| Owner Occupied HU | 1,833 (79.4%) |
| Renter Occupied HU | 364 (15.8%) |
| Vacant Housing Units | 113 ( 4.9%) |
| Median Home Value | $272,074 |
| Average Home Value | $286,563 |
Housing Distribution
Address Breakdown
Residential
2,361
Single Family
2,361
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Val Claycomb • SCHULER BAUER REAL ESTATE SERVICES ERA POWERED- Elizabethtown
Mls Name: HKMLS
Mls ID: #HK25005259