1413 Powell StHendersonKY42420
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Henderson at 1413 Powell St, Henderson, KY, 42420 uses $49,559 cash to close to unlock $5,854/yr annual cash flow and $488/mo monthly cash flow. Total monthly income runs $1,398/mo, and a $732/mo payment keeps the spread at $488/mo. Purchase price stands at $149,500, and rental yield measures 11.22% with $1,398/mo rent. Return on cash invested shows 31.72% in year one, and 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 166.07% and total cumulative return in cash records $82,301. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,398/mo property income covering a $732/mo payment rather than investor’s personal income.
Single Family
Built in 1905
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42420, Henderson, KY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,406
Single Family
14,677
Multi-Family
1,729
Businesses
1,037
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices