20997 Dawson Springs RdDawson SpringsKY42408
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 20997 Dawson Springs Rd, Dawson Springs, KY, 42408 in Dawson Springs worth modelling. At $248,000 with a 7.68% gross yield, the $1,586/mo rent leaves $77/mo after the $1,115/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.42 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $68,518 by year five; $2,284/yr in principal reduction adds further equity. Total projected return: $98,897.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.2% |
| Monthly Cash Flow | $77 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,586 |
| Total Monthly Debt Service | $1,411 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
10.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42408, Dawson Springs, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,992 (100%) |
| Owner Occupied HU | 1,923 (64.3%) |
| Renter Occupied HU | 613 (20.5%) |
| Vacant Housing Units | 456 (15.2%) |
| Median Home Value | $111,671 |
| Average Home Value | $160,459 |
Housing Distribution
Address Breakdown
Residential
2,414
Single Family
2,355
Multi-Family
59
Businesses
87
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
Single Family
Built in N/A
10.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42408, Dawson Springs, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,992 (100%) |
| Owner Occupied HU | 1,923 (64.3%) |
| Renter Occupied HU | 613 (20.5%) |
| Vacant Housing Units | 456 (15.2%) |
| Median Home Value | $111,671 |
| Average Home Value | $160,459 |
Housing Distribution
Address Breakdown
Residential
2,414
Single Family
2,355
Multi-Family
59
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Javin Vannoy • Bhg Realty
Mls Name: MHCBOR
Mls ID: #117026
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.