161 Oak Hill DrMadisonvilleKY42431
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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 161 Oak Hill Dr, Madisonville, KY, 42431 priced at $385,000 converts $2,288/mo rent into after a $1,884/mo obligation. Total monthly income equals $2,288/mo. Return on cash invested prints 19.39% in year one, and rental yield reads 7.13% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 99.97% and total cumulative return in cash sums $127,594. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,288/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.63 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: Chad Cunningham • Heritage Homes Real Estate
Mls Name: MHCBOR
Mls ID: #116884
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.