299 Sandy LnRussell SpringsKY42642
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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
Investment Highlights
Rental property for sale in Russell Springs at 299 Sandy Ln, Russell Springs, KY, 42642 priced at $390,000 pairs $2,423/mo rent with $49/mo cash flow after a $1,909/mo payment. Total monthly income equals $2,423/mo, and annual cash flow comes to $591/yr on $129,285 invested. Return on cash invested is 20.37% in year one, and rental yield stands at 7.46% on a $390,000 basis. Equity gained on principal adds $2,517/yr, and 5% annual appreciation accumulates to $107,750 by year five. Five-year ROI measures 105.18% and total cumulative return in cash reaches $135,980. For financing, Ziffy Mortgage’s DSCR program evaluates $2,423/mo property income against a $1,909/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.70 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: Matthew Cooper • Lake Cumberland Properties, Ltd. Co.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25005640
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.