313 Wayne DrHopkinsvilleKY42240
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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 313 Wayne Dr, Hopkinsville, KY, 42240 with 5% annual appreciation on a $185,000 basis while $1,614/mo rent supports operations. Total monthly income totals $1,614/mo and a $905/mo payment preserves $489/mo for cash returns. Annual cash flow comes to $5,862/yr on $61,328 deployed, and return on cash invested reaches 29.47% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 10.47%. Five-year ROI measures 153.98% and total cumulative return in cash totals $94,431.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,614/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.32 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: Melody Holder • LEGACY REAL ESTATE CO.
Mls Name: HCTCBOR
Mls ID: #42683