302 Crestview Dr Lot 14-15HopkinsvilleKY42240
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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 Hopkinsville at 302 Crestview Dr Lot 14-15, Hopkinsville, KY, 42240 uses $34,774 cash to close to unlock $2,256/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $826/mo, and a $513/mo payment keeps the spread at $188/mo. Purchase price stands at $104,900, and rental yield measures 9.45% with $826/mo rent. Return on cash invested shows 26.4% in year one, and 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 137.5% and total cumulative return in cash records $47,814. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $826/mo property income covering a $513/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42240, Hopkinsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,682 (100%) |
| Owner Occupied HU | 9,655 (51.7%) |
| Renter Occupied HU | 7,168 (38.4%) |
| Vacant Housing Units | 1,859 ( 10.0%) |
| Median Home Value | $202,774 |
| Average Home Value | $222,301 |
Housing Distribution
Address Breakdown
Residential
18,199
Single Family
17,595
Multi-Family
604
Businesses
1,274
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Listed by: Rae Gleason • CPR Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3118570