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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Nebo at 298 Joe B Rogers Ln, Nebo, KY, 42441 uses $89,472 cash to close to unlock $3,580/yr annual cash flow and $298/mo monthly cash flow. Total monthly income runs $1,941/mo, and a $1,321/mo payment keeps the spread at $298/mo. Purchase price stands at $269,900, and rental yield measures 8.63% with $1,941/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 124.19% and total cumulative return in cash records $111,114. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,941/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 2024
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 42441, Nebo, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 606 (100%) |
| Owner Occupied HU | 429 (70.8%) |
| Renter Occupied HU | 101 (16.7%) |
| Vacant Housing Units | 76 (12.5%) |
| Median Home Value | $165,057 |
| Average Home Value | $187,249 |
Residential
571
Single Family
571
Multi-Family
0
Businesses
16
Date | Event | Price |
|---|---|---|
| 2025-01-11 | Listed for sale | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ginger Driver • Haven Realty, LLC
Mls Name: MHCBOR
Mls ID: #116625
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
