2806 Highway 1545Russell 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 2806 Highway 1545, Russell Springs, KY, 42642 offers a 7.54% rental yield on a $229,900 purchase with $1,445/mo rent. Total monthly income registers $1,445/mo, and a $1,125/mo payment leaves $46/mo available for distribution. Annual cash flow reaches $552/yr on $76,212 to close, and return on cash invested stands at 20.63% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 106.66% and total cumulative return in cash at $81,287. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,445/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.51 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: Alyson Lawless • Southern Nest Realty, LLC
Mls Name: South Central Kentucky AOR
Mls Provider:
Mls ID: #SC46679