1036 Ernest LnHendersonKY42420
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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 Henderson at 1036 Ernest Ln, Henderson, KY, 42420 listed at $214,900 pairs $2,186/mo rent with a $1,052/mo payment to leave $878/mo cash flow. Total monthly income runs $2,186/mo, and annual cash flow reaches $10,535/yr on $71,239 cash to close. Return on cash invested measures 34.7% in year one, and rental yield registers 12.21% at a $214,900 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,373 by year five. Five-year ROI tracks 182.01% and total cumulative return in cash totals $129,666. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,186/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42420, Henderson, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,891 (100%) |
| Owner Occupied HU | 9,402 (55.7%) |
| Renter Occupied HU | 6,001 (35.5%) |
| Vacant Housing Units | 1,488 ( 8.8%) |
| Median Home Value | $184,333 |
| Average Home Value | $221,084 |
Housing Distribution
Address Breakdown
Residential
16,406
Single Family
14,677
Multi-Family
1,729
Businesses
1,037
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