296 S Main StRussellvilleKY42276
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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
Rental property for sale in Russellville at 296 S Main St, Russellville, KY, 42276 offers $1,020/mo rent that, after a $3,411/mo payment. Total monthly income is $1,020/mo. Return on cash invested measures 3.2% in year one, and rental yield stands at 1.76% at a $697,000 entry. Equity gained on principal adds $4,498/yr while 5% annual appreciation compounds into $192,568 by year five. Five-year ROI records 13.09% and total cumulative return in cash reaches $30,010. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,020/mo property income versus a $3,411/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1810
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42276, Russellville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,973 (100%) |
| Owner Occupied HU | 4,342 (62.3%) |
| Renter Occupied HU | 2,039 (29.2%) |
| Vacant Housing Units | 592 ( 8.5%) |
| Median Home Value | $181,106 |
| Average Home Value | $216,365 |
Housing Distribution
Address Breakdown
Residential
6,659
Single Family
6,632
Multi-Family
27
Businesses
734
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Listed by: Patrick Hisel • BHG Realty
Mls Name: RASK
Mls ID: #RA20240093