1891 McClendon Ridge RdRussell SpringsKY42642
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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 Russell Springs at 1891 McClendon Ridge Rd, Russell Springs, KY, 42642 priced at $199,900 converts $1,330/mo rent into $114/mo cash flow after a $978/mo obligation. Total monthly income equals $1,330/mo, and annual cash flow totals $1,365/yr on $66,267 invested. Return on cash invested prints 21.97% in year one, and rental yield reads 7.98% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 113.78% and total cumulative return in cash sums $75,397. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,330/mo property income covering a $978/mo payment, not borrower’s personal income.
Manufactured
Built in N/A
6.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42642, Russell Springs, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,935 (100%) |
| Owner Occupied HU | 4,045 (58.3%) |
| Renter Occupied HU | 1,547 (22.3%) |
| Vacant Housing Units | 1,343 (19.4%) |
| Median Home Value | $174,781 |
| Average Home Value | $203,668 |
Housing Distribution
Address Breakdown
Residential
5,488
Single Family
5,488
Multi-Family
0
Businesses
404
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Listed by: Matt Murphy • United Country Re/Cntry Living Spec Inc
Mls Name: My State MLS
Mls ID: #11490561