10503 State Route 69HawesvilleKY42348
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 Hawesville at 10503 State Route 69, Hawesville, KY, 42348 generates $1,437/mo in rent and, after a $1,028/mo payment, leaves $159/mo in cash flow. Total monthly income is $1,437/mo, and annual cash flow is $1,905/yr on $69,615 invested. Return on cash invested sits at 22.65% in year one, and rental yield is 8.21% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 117.38% and total cumulative return in cash sums $81,712. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,437/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
1.03 Acres 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: Tim Merkley • CENTURY 21 Prestige
Mls Name: Greater Owensboro Realtor Association
Mls ID: #92712