121 Highland School RdHopkinsvilleKY42240
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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
Rental property for sale in Hopkinsville at 121 Highland School Rd, Hopkinsville, KY, 42240 priced at $149,900 converts $1,142/mo rent into $229/mo cash flow after a $734/mo obligation. Total monthly income equals $1,142/mo, and annual cash flow totals $2,752/yr on $49,692 invested. Return on cash invested prints 25.45% in year one, and rental yield reads 9.14% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 132.45% and total cumulative return in cash sums $65,819. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,142/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.69 Acres 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: Vulenzo Blount • Bolinger Real Estate & Auction, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3013487