300 W Main StHodgenvilleKY42748
Nearby investment properties with comparable rents
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 Hodgenville at 300 W Main St, Hodgenville, KY, 42748 priced at $245,000 converts $1,576/mo rent into $85/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,576/mo, and annual cash flow totals $1,020/yr on $81,218 invested. Return on cash invested prints 21.17% in year one, and rental yield reads 7.72% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 109.48% and total cumulative return in cash sums $88,920. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,576/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42748, Hodgenville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,142 (100%) |
| Owner Occupied HU | 2,718 (65.6%) |
| Renter Occupied HU | 1,068 (25.8%) |
| Vacant Housing Units | 356 ( 8.6%) |
| Median Home Value | $191,453 |
| Average Home Value | $239,151 |
Housing Distribution
Address Breakdown
Residential
3,967
Single Family
3,941
Multi-Family
26
Businesses
325
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Listed by: The Brantingham Group Team • KELLER WILLIAMS HEARTLAND
Mls Name: HKMLS
Mls ID: #HK2600292