2616 State Highway 1389HawesvilleKY42348
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2616 State Highway 1389, Hawesville, KY, 42348 in Hawesville. Rental yield 0%. At $419,900 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $116,011 in new equity by year five, complemented by $3,867/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Hawesville market data in our database. Property projections are estimates.
Single Family
Built in 1989
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42348, Hawesville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,048 (100%) |
| Owner Occupied HU | 1,509 (73.7%) |
| Renter Occupied HU | 341 (16.7%) |
| Vacant Housing Units | 198 ( 9.7%) |
| Median Home Value | $150,354 |
| Average Home Value | $173,193 |
Housing Distribution
Address Breakdown
Residential
1,852
Single Family
1,852
Multi-Family
0
Businesses
116
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1989
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42348, Hawesville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,048 (100%) |
| Owner Occupied HU | 1,509 (73.7%) |
| Renter Occupied HU | 341 (16.7%) |
| Vacant Housing Units | 198 ( 9.7%) |
| Median Home Value | $150,354 |
| Average Home Value | $173,193 |
Housing Distribution
Address Breakdown
Residential
1,852
Single Family
1,852
Multi-Family
0
Businesses
116
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Vanover Team C • GREATER OWENSBORO REALTY COMPANY
Mls Name: Greater Owensboro Realtor Association
Mls ID: #92401