2045 Gregory DrHendersonKY42420
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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 Henderson at 2045 Gregory Dr, Henderson, KY, 42420 priced at $141,500 converts $1,643/mo rent into $781/mo cash flow after a $693/mo obligation. Total monthly income equals $1,643/mo, and annual cash flow totals $9,377/yr on $46,907 invested. Return on cash invested prints 39.9% in year one, and rental yield reads 13.93% against a $141,500 entry. Equity gained on principal adds $913/yr, while 5% annual appreciation compiles into $39,094 by year five. Five-year ROI reaches 209.98% and total cumulative return in cash sums $98,497. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,643/mo property income covering a $693/mo payment, not borrower’s personal income.
Single Family
Built in 1971
9,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42420, Henderson, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,891 (100%) |
| Owner Occupied HU | 9,402 (55.7%) |
| Renter Occupied HU | 6,001 (35.5%) |
| Vacant Housing Units | 1,488 ( 8.8%) |
| Median Home Value | $184,333 |
| Average Home Value | $221,084 |
Housing Distribution
Address Breakdown
Residential
16,406
Single Family
14,677
Multi-Family
1,729
Businesses
1,037
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Listed by: Patti Bugg • REMAX Professional Realty Group
Mls Name: HAMLS
Mls Provider:
Mls ID: #250223
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.