196 Oaks RdRussell SpringsKY42642
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 Russell Springs at 196 Oaks Rd, Russell Springs, KY, 42642 offers a 9.25% rental yield on a $101,500 purchase with $782/mo rent. Total monthly income registers $782/mo, and a $497/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,969/yr on $33,647 to close, and return on cash invested stands at 25.76% in year one. Equity gained on principal adds $655/yr while 5% annual appreciation supports $28,043 over five years. Portfolio math shows five-year ROI at 134.22% and total cumulative return in cash at $45,163. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $782/mo property income against a $497/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2.13 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barry Cooper • Re/Max Country Lakes
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25002319
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.