318 W 7th StRussellvilleKY42276
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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 Russellville at 318 W 7th St, Russellville, KY, 42276 generates $2,011/mo in rent and, after a $1,419/mo payment, leaves $247/mo in cash flow. Total monthly income is $2,011/mo, and annual cash flow is $2,958/yr on $96,102 invested. Return on cash invested sits at 22.99% in year one, and rental yield is 8.32% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 119.23% and total cumulative return in cash sums $114,585. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,011/mo property income rather than buyer’s personal income.
Single Family
Built in 1884
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42276, Russellville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,973 (100%) |
| Owner Occupied HU | 4,342 (62.3%) |
| Renter Occupied HU | 2,039 (29.2%) |
| Vacant Housing Units | 592 ( 8.5%) |
| Median Home Value | $181,106 |
| Average Home Value | $216,365 |
Housing Distribution
Address Breakdown
Residential
6,659
Single Family
6,632
Multi-Family
27
Businesses
734
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Listed by: Jennifer Smotherman • Haley Auctions and Realty
Mls Name: RASK
Mls ID: #RA20254197