101 Country MdwsProvidenceKY42450
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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
Investment property for sale in Providence at 101 Country Mdws, Providence, KY, 42450 with 5% annual appreciation on a $106,900 basis while $1,601/mo rent supports operations. Total monthly income totals $1,601/mo and a $523/mo payment preserves $951/mo for cash returns. Annual cash flow comes to $11,407/yr on $35,437 deployed, and return on cash invested reaches 52.1% in year one. Equity gained on principal adds $690/yr, and five-year appreciation sums $29,535 alongside rental yield of 17.97%. Five-year ROI measures 275.37% and total cumulative return in cash totals $97,582.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,601/mo property income versus a $523/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42450, Providence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,137 (60.1%) |
| Renter Occupied HU | 452 (23.9%) |
| Vacant Housing Units | 304 (16.1%) |
| Median Home Value | $75,879 |
| Average Home Value | $135,204 |
Housing Distribution
Address Breakdown
Residential
1,806
Single Family
1,780
Multi-Family
26
Businesses
143
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Listed by: Sarah Stone Wilkes • Heritage Homes Real Estate
Mls Name: MHCBOR
Mls ID: #115015
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.