1202 E 1st StRussellvilleKY42276
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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 Russellville at 1202 E 1st St, Russellville, KY, 42276 uses $34,145 cash to close to unlock $1,827/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $779/mo, and a $504/mo payment keeps the spread at $152/mo. Purchase price stands at $103,000, and rental yield measures 9.08% with $779/mo rent. Return on cash invested shows 25.26% in year one, and 5% annual appreciation builds toward $28,457 over five years. Five-year ROI reaches 131.51% and total cumulative return in cash records $44,902. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $779/mo property income covering a $504/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42276, Russellville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,973 (100%) |
| Owner Occupied HU | 4,342 (62.3%) |
| Renter Occupied HU | 2,039 (29.2%) |
| Vacant Housing Units | 592 ( 8.5%) |
| Median Home Value | $181,106 |
| Average Home Value | $216,365 |
Housing Distribution
Address Breakdown
Residential
6,659
Single Family
6,632
Multi-Family
27
Businesses
734
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Listed by: Janet M Hunt • Keller Williams First Choice Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20245051
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.