215 E Railroad AveDawson SpringsKY42408
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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 Dawson Springs at 215 E Railroad Ave, Dawson Springs, KY, 42408 offers $1,754/mo rent that, after a $876/mo payment, leaves $665/mo cash flow. Total monthly income is $1,754/mo, and annual cash flow is $7,976/yr on $59,339 cash. Return on cash invested measures 33.35% in year one, and rental yield stands at 11.76% at a $179,000 entry. Equity gained on principal adds $1,155/yr while 5% annual appreciation compounds into $49,454 by year five. Five-year ROI records 174.81% and total cumulative return in cash reaches $103,731. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,754/mo property income versus a $876/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5,662 sqft 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
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Listed by: Mallory Johnson • Heritage Homes Real Estate
Mls Name: MHCBOR
Mls ID: #116781
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.