1410 Washington AveLewisportKY42351
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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 Lewisport at 1410 Washington Ave, Lewisport, KY, 42351 earns $201/mo cash flow from $1,356/mo rent with a $929/mo payment. Total monthly income totals $1,356/mo, and annual cash flow totals $2,408/yr on $62,952 capital. ROI tracks 23.73% on current figures, and rental yield reads 8.57% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 123.23% and total cumulative return in cash sums $77,573. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,356/mo property income instead of your personal income.
Single Family
Built in 1967
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42351, Lewisport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,908 (100%) |
| Owner Occupied HU | 1,294 (67.8%) |
| Renter Occupied HU | 443 (23.2%) |
| Vacant Housing Units | 171 ( 9.0%) |
| Median Home Value | $184,491 |
| Average Home Value | $198,431 |
Housing Distribution
Address Breakdown
Residential
1,707
Single Family
1,707
Multi-Family
0
Businesses
86
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Listed by: Nicole Beavers • TRIPLE CROWN REALTY GROUP, LLC
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #92139
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.