








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 Henderson at 1216 N Elm St, Henderson, KY, 42420 offers a 10.88% rental yield on a $264,999 purchase with $2,402/mo rent. Total monthly income registers $2,402/mo, and a $1,297/mo payment leaves $789/mo available for distribution. Annual cash flow reaches $9,471/yr on $87,847 to close, and return on cash invested stands at 30.69% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,214 over five years. Portfolio math shows five-year ROI at 160.55% and total cumulative return in cash at $141,039. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,402/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 42420, Henderson, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,891 (100%) |
| Owner Occupied HU | 9,402 (55.7%) |
| Renter Occupied HU | 6,001 (35.5%) |
| Vacant Housing Units | 1,488 ( 8.8%) |
| Median Home Value | $184,333 |
| Average Home Value | $221,084 |
Residential
16,406
Single Family
14,677
Multi-Family
1,729
Businesses
1,037
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Cheyenne Leavelle • ERA FIRST ADVANTAGE
Mls Name: HAMLS
Mls ID: #250393