243 Akers RdRussell SpringsKY42642
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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 Russell Springs at 243 Akers Rd, Russell Springs, KY, 42642 priced at $309,900 pairs $2,298/mo rent with $412/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,298/mo, and annual cash flow comes to $4,940/yr on $102,732 invested. Return on cash invested is 24.72% in year one, and rental yield stands at 8.9% on a $309,900 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,620 by year five. Five-year ROI measures 128.5% and total cumulative return in cash reaches $132,012. For financing, Ziffy Mortgage’s DSCR program evaluates $2,298/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1.10 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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Nearby investment properties with comparable prices
Listed by: GaVon Antle • Golden Rule - Wilson Real Estate & Auction #2 LLC
Mls Name: Imagine MLS
Mls ID: #25503628