153 N McPherson StHopkinsvilleKY42240
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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 153 N McPherson St, Hopkinsville, KY, 42240 priced at $119,900 converts $942/mo rent into $212/mo cash flow after a $587/mo obligation. Total monthly income equals $942/mo, and annual cash flow totals $2,545/yr on $39,747 invested. Return on cash invested prints 26.31% in year one, and rental yield reads 9.43% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 137.16% and total cumulative return in cash sums $54,516. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $942/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1960
6,098 sqft 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: Amanda Schamp • Town & Country Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3018019