20 Bartlett DrMadisonvilleKY42431
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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
Rental property for sale in Madisonville at 20 Bartlett Dr, Madisonville, KY, 42431 priced at $209,900 converts $1,507/mo rent into $230/mo cash flow after a $1,027/mo obligation. Total monthly income equals $1,507/mo, and annual cash flow totals $2,758/yr on $69,582 invested. Return on cash invested prints 23.87% in year one, and rental yield reads 8.62% against a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,992 by year five. Five-year ROI reaches 123.96% and total cumulative return in cash sums $86,252. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,507/mo property income covering a $1,027/mo payment, not borrower’s personal income.
Single Family
Built in 1956
9,147 sqft 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: Jamey Kellum • Haven Realty, LLC
Mls Name: MHCBOR
Mls ID: #118564