9855 Washington Trace RdCaliforniaKY41007
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 9855 Washington Trace Rd, California, KY, 41007 in California the bet is firmly on appreciation. Rental yield 5.04%. The 5.04% gross yield on a $800,000 price is below income-first thresholds, but 5%/yr value growth projects $221,025 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.93) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $205,975.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 8.0% |
| Monthly Cash Flow | $(1,508) | $250 |
City averages based on California market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,361 |
| Total Monthly Debt Service | $4,551 |
| DSCR Ratio | 0.74x |
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 1998
4.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41007, California, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,454 (100%) |
| Owner Occupied HU | 1,187 (81.6%) |
| Renter Occupied HU | 149 (10.2%) |
| Vacant Housing Units | 118 ( 8.1%) |
| Median Home Value | $327,060 |
| Average Home Value | $400,244 |
Housing Distribution
Address Breakdown
Residential
1,552
Single Family
1,552
Multi-Family
0
Businesses
25
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 1998
4.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41007, California, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,454 (100%) |
| Owner Occupied HU | 1,187 (81.6%) |
| Renter Occupied HU | 149 (10.2%) |
| Vacant Housing Units | 118 ( 8.1%) |
| Median Home Value | $327,060 |
| Average Home Value | $400,244 |
Housing Distribution
Address Breakdown
Residential
1,552
Single Family
1,552
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Steffen • RE/MAX Victory + Affiliates
Mls Name: NKMLS
Mls Provider:
Mls ID: #633466
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Listing information is deemed reliable, but not guaranteed. Copyright 2025 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.