245 Hart 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
Investment property for sale in Russell Springs at 245 Hart Ln, Russell Springs, KY, 42642 earns $1,294/mo cash flow from $4,334/mo rent with a $2,445/mo payment. Total monthly income totals $4,334/mo, and annual cash flow totals $15,525/yr on $165,584 capital. ROI tracks 29.28% on current figures, and rental yield reads 10.41% at a $499,500 purchase. Equity gained on principal adds $3,223/yr, and 5% annual appreciation supports $138,003 over five years. Five-year ROI reaches 152.98% and total cumulative return in cash sums $253,315. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,334/mo property income instead of your personal income.
Single Family
Built in 2011
1.50 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: Darren Gossage • Weichert Realtors Ford Brothers, Inc.
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24022764
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.