114/116 Woebegona WayHodgenvilleKY42748
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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 Hodgenville at 114/116 Woebegona Way, Hodgenville, KY, 42748 offers a 8% rental yield on a $270,000 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $1,322/mo payment leaves $156/mo available for distribution. Annual cash flow reaches $1,875/yr on $89,505 to close, and return on cash invested stands at 22% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 113.99% and total cumulative return in cash at $102,025. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2004
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42748, Hodgenville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,142 (100%) |
| Owner Occupied HU | 2,718 (65.6%) |
| Renter Occupied HU | 1,068 (25.8%) |
| Vacant Housing Units | 356 ( 8.6%) |
| Median Home Value | $191,453 |
| Average Home Value | $239,151 |
Housing Distribution
Address Breakdown
Residential
3,967
Single Family
3,941
Multi-Family
26
Businesses
325
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Listed by: Hearth And Home Team • RE/MAX EXECUTIVE GROUP, INC.
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25002245
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.