305 Lincoln WayHopkinsvilleKY42240
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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 Hopkinsville at 305 Lincoln Way, Hopkinsville, KY, 42240 priced at $619,000 pairs $4,140/mo rent with $372/mo cash flow after a $3,030/mo payment. Total monthly income equals $4,140/mo, and annual cash flow comes to $4,468/yr on $203,651 invested. Return on cash invested is 22.25% in year one, and rental yield stands at 8.03% on a $619,000 basis. Equity gained on principal adds $3,994/yr, and 5% annual appreciation accumulates to $171,018 by year five. Five-year ROI measures 115.26% and total cumulative return in cash reaches $234,733. For financing, Ziffy Mortgage’s DSCR program evaluates $4,140/mo property income against a $3,030/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.49 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: Brianna Smith • TOWN AND COUNTRY REALTY
Mls Name: HCTCBOR
Mls ID: #42457