110 Lee LnHopkinsvilleKY42240
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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 Hopkinsville at 110 Lee Ln, Hopkinsville, KY, 42240 uses $66,267 cash to close to unlock $3,357/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $1,496/mo, and a $978/mo payment keeps the spread at $280/mo. Purchase price stands at $199,900, and rental yield measures 8.98% with $1,496/mo rent. Return on cash invested shows 24.98% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 129.89% and total cumulative return in cash records $86,077. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,496/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42240, Hopkinsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,682 (100%) |
| Owner Occupied HU | 9,655 (51.7%) |
| Renter Occupied HU | 7,168 (38.4%) |
| Vacant Housing Units | 1,859 ( 10.0%) |
| Median Home Value | $202,774 |
| Average Home Value | $222,301 |
Housing Distribution
Address Breakdown
Residential
18,199
Single Family
17,595
Multi-Family
604
Businesses
1,274
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Listed by: Lindsey Giltner • TOWN AND COUNTRY REALTY
Mls Name: HCTCBOR
Mls Provider:
Mls ID: #40374
Disclaimer: Copyright Hopkinsville Christian & Todd Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.