Allen Farm LnCloverportKY40111
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find Allen Farm Ln, Cloverport, KY, 40111 in Cloverport worth study. Rental yield 3.31%. The 3.31% gross yield is below cash-flow benchmarks at $825,000, but 5% annual appreciation, adding $227,932 over five years, frames this as a capital growth position. Rent of $2,276/mo partially offsets the $3,710/mo payment. Ziffy Mortgage finances appreciation-play properties (0.61 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $135,788.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 6.2% |
| Monthly Cash Flow | $(2,745) | $400 |
City averages based on Cloverport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,276 |
| Total Monthly Debt Service | $4,693 |
| DSCR Ratio | 0.48x |
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 1995
142 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40111, Cloverport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 794 (100%) |
| Owner Occupied HU | 539 (67.9%) |
| Renter Occupied HU | 167 (21.0%) |
| Vacant Housing Units | 88 (11.1%) |
| Median Home Value | $123,645 |
| Average Home Value | $145,172 |
Housing Distribution
Address Breakdown
Residential
731
Single Family
643
Multi-Family
88
Businesses
24
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 1995
142 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40111, Cloverport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 794 (100%) |
| Owner Occupied HU | 539 (67.9%) |
| Renter Occupied HU | 167 (21.0%) |
| Vacant Housing Units | 88 (11.1%) |
| Median Home Value | $123,645 |
| Average Home Value | $145,172 |
Housing Distribution
Address Breakdown
Residential
731
Single Family
643
Multi-Family
88
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randy S Hayden • CHANGE OF PLACE REAL ESTATE, LLC
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #90753
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.