1003 Cooper Creek SpurRussell SpringsKY42642
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
Investment Highlights
Rental property for sale in Russell Springs at 1003 Cooper Creek Spur, Russell Springs, KY, 42642 priced at $189,000 pairs $1,458/mo rent with $308/mo cash flow after a $925/mo payment. Total monthly income equals $1,458/mo, and annual cash flow comes to $3,693/yr on $62,654 invested. Return on cash invested is 25.8% in year one, and rental yield stands at 9.26% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 134.34% and total cumulative return in cash reaches $84,166. For financing, Ziffy Mortgage’s DSCR program evaluates $1,458/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42642, Russell Springs, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,935 (100%) |
| Owner Occupied HU | 4,045 (58.3%) |
| Renter Occupied HU | 1,547 (22.3%) |
| Vacant Housing Units | 1,343 (19.4%) |
| Median Home Value | $174,781 |
| Average Home Value | $203,668 |
Housing Distribution
Address Breakdown
Residential
5,488
Single Family
5,488
Multi-Family
0
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alisha Curry • eXp Realty LLC
Mls Name: South Central Kentucky AOR
Mls Provider:
Mls ID: #SC45947