216 Freeman Coomer RdRussell SpringsKY42642
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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
Investment property for sale in Russell Springs at 216 Freeman Coomer Rd, Russell Springs, KY, 42642 at $107,000 posts ROI 26.12% with $183/mo cash flow from $835/mo rent. Total monthly income equals $835/mo, and annual cash flow records $2,202/yr on $35,471 to close. Return on cash invested measures 26.12% and rental yield reads 9.36% at the current $107,000. Equity gained on principal adds $690/yr, and 5% annual appreciation supports $29,562 by year five. Five-year ROI prints 136.05% and total cumulative return in cash totals $48,258.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $835/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
1.20 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
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Listed by: Elaine Rowlett • Southern Nest Realty, LLC
Mls Name: South Central Kentucky AOR
Mls ID: #SC47039