1300 Grapevine RdMadisonvilleKY42431
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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 Madisonville at 1300 Grapevine Rd, Madisonville, KY, 42431 generates $1,559/mo in rent and, after a $1,028/mo payment, leaves $281/mo in cash flow. Total monthly income is $1,559/mo, and annual cash flow is $3,369/yr on $69,615 invested. Return on cash invested sits at 24.75% in year one, and rental yield is 8.91% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 128.67% and total cumulative return in cash sums $89,572. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,559/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42431, Madisonville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,228 (100%) |
| Owner Occupied HU | 7,228 (59.1%) |
| Renter Occupied HU | 3,606 (29.5%) |
| Vacant Housing Units | 1,394 (11.4%) |
| Median Home Value | $157,464 |
| Average Home Value | $194,479 |
Housing Distribution
Address Breakdown
Residential
11,582
Single Family
11,285
Multi-Family
297
Businesses
1,296
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Listed by: Ginger Driver • Haven Realty, LLC
Mls Name: MHCBOR
Mls ID: #117030
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.