309 E Hodgenville AveGreensburgKY42743
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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 Greensburg at 309 E Hodgenville Ave, Greensburg, KY, 42743 uses $57,847 cash to close to unlock $3,085/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $1,319/mo, and a $854/mo payment keeps the spread at $257/mo. Purchase price stands at $174,500, and rental yield measures 9.07% with $1,319/mo rent. Return on cash invested shows 25.24% in year one, and 5% annual appreciation builds toward $48,211 over five years. Five-year ROI reaches 131.38% and total cumulative return in cash records $76,002. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,319/mo property income covering a $854/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42743, Greensburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,359 (100%) |
| Owner Occupied HU | 2,880 (66.1%) |
| Renter Occupied HU | 954 (21.9%) |
| Vacant Housing Units | 525 (12.0%) |
| Median Home Value | $117,857 |
| Average Home Value | $210,336 |
Housing Distribution
Address Breakdown
Residential
4,221
Single Family
4,147
Multi-Family
74
Businesses
335
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Listed by: Heizer Durrett • Durrett Realty Company
Mls Name: My State MLS
Mls ID: #11534369