304 W Keigan StDawson SpringsKY42408
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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 Dawson Springs at 304 W Keigan St, Dawson Springs, KY, 42408 priced at $119,900 converts $1,680/mo rent into $950/mo cash flow after a $587/mo obligation. Total monthly income equals $1,680/mo, and annual cash flow totals $11,401/yr on $39,747 invested. Return on cash invested prints 48.59% in year one, and rental yield reads 16.81% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 256.68% and total cumulative return in cash sums $102,024. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,680/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1961
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42408, Dawson Springs, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,992 (100%) |
| Owner Occupied HU | 1,923 (64.3%) |
| Renter Occupied HU | 613 (20.5%) |
| Vacant Housing Units | 456 (15.2%) |
| Median Home Value | $111,671 |
| Average Home Value | $160,459 |
Housing Distribution
Address Breakdown
Residential
2,414
Single Family
2,355
Multi-Family
59
Businesses
87
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Listed by: Josh Parish • Bhg Realty
Mls Name: MHCBOR
Mls ID: #117421