222 Stephens Point RdRussell SpringsKY42642
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
Investment Highlights
Rental property for sale in Russell Springs at 222 Stephens Point Rd, Russell Springs, KY, 42642 generates $2,602/mo in rent and, after a $1,659/mo payment, leaves $539/mo in cash flow. Total monthly income is $2,602/mo, and annual cash flow is $6,468/yr on $112,379 invested. Return on cash invested sits at 25.66% in year one, and rental yield is 9.21% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 133.61% and total cumulative return in cash sums $150,148. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,602/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
1.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scotty H Carter • Lake Cumberland Real Estate Professionals
Mls Name: Imagine MLS
Mls ID: #25018044