220 Davis LnRussell 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
Rental property for sale in Russell Springs at 220 Davis Ln, Russell Springs, KY, 42642 generates $3,827/mo in rent and, after a $2,882/mo payment, leaves $243/mo in cash flow. Total monthly income is $3,827/mo, and annual cash flow is $2,919/yr on $193,748 invested. Return on cash invested sits at 21.57% in year one, and rental yield is 7.8% on a $588,900 entry. Equity gained on principal adds $3,800/yr, while 5% annual appreciation builds toward $162,702 over five years. Five-year ROI reaches 111.58% and total cumulative return in cash sums $216,187. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,827/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
10 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: Nathanael Sears • Keller Williams Commonwealth - Somerset
Mls Name: Imagine MLS
Mls ID: #26000484