1045 Hawes BlvdHawesvilleKY42348
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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 Hawesville at 1045 Hawes Blvd, Hawesville, KY, 42348 uses $115,992 cash to close to unlock $2,028/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $2,299/mo, and a $1,713/mo payment keeps the spread at $169/mo. Purchase price stands at $349,900, and rental yield measures 7.88% with $2,299/mo rent. Return on cash invested shows 21.66% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 112.12% and total cumulative return in cash records $130,050. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,299/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42348, Hawesville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,048 (100%) |
| Owner Occupied HU | 1,509 (73.7%) |
| Renter Occupied HU | 341 (16.7%) |
| Vacant Housing Units | 198 ( 9.7%) |
| Median Home Value | $150,354 |
| Average Home Value | $173,193 |
Housing Distribution
Address Breakdown
Residential
1,852
Single Family
1,852
Multi-Family
0
Businesses
116
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Listed by: Belinda Hurst • HANCOCK REAL ESTATE and AUCTION INC
Mls Name: Greater Owensboro Realtor Association
Mls ID: #93165