








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Providence at 1201 Duncan Ln, Providence, KY, 42450 uses $91,163 cash to close to unlock $6,963/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $2,254/mo, and a $1,346/mo payment keeps the spread at $580/mo. Purchase price stands at $275,000, and rental yield measures 9.84% with $2,254/mo rent. Return on cash invested shows 27.55% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 143.72% and total cumulative return in cash records $131,015. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,254/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 42450, Providence, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,137 (60.1%) |
| Renter Occupied HU | 452 (23.9%) |
| Vacant Housing Units | 304 (16.1%) |
| Median Home Value | $75,879 |
| Average Home Value | $135,204 |
Residential
1,806
Single Family
1,780
Multi-Family
26
Businesses
143
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Price change | $550,000 |
| 2025-04-01 | Listed for sale | $275,000 |
| 2001-09-20 | Sold | $1 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-04-04 | $1120.78 | 2.61% | $101,800 | N/A |
| 2019-04-04 | $1092.28 | 0.28% | $101,800 | N/A |
| 2018-04-04 | $1089.22 | 3.13% | $101,800 | N/A |



Listed by: Lavena Cavanaugh • Bhg Realty
Mls Name: MHCBOR
Mls ID: #116839
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.