321 Riverside DrRussellKY41169
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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 Russell at 321 Riverside Dr, Russell, KY, 41169 uses $82,046 cash to close to unlock $1,813/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $1,657/mo, and a $1,211/mo payment keeps the spread at $151/mo. Purchase price stands at $247,500, and rental yield measures 8.03% with $1,657/mo rent. Return on cash invested shows 22.12% in year one, and 5% annual appreciation builds toward $68,380 over five years. Five-year ROI reaches 114.6% and total cumulative return in cash records $94,025. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,657/mo property income covering a $1,211/mo payment rather than investor’s personal income.
Single Family
Built in 1928
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41169, Russell, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,519 (100%) |
| Owner Occupied HU | 1,681 (66.7%) |
| Renter Occupied HU | 577 (22.9%) |
| Vacant Housing Units | 261 (10.4%) |
| Median Home Value | $168,361 |
| Average Home Value | $184,164 |
Housing Distribution
Address Breakdown
Residential
2,478
Single Family
2,417
Multi-Family
61
Businesses
147
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Listed by: Tonja C McCloud • RE/MAX Realty Connection, LLC
Mls Name: AABR
Mls Provider:
Mls ID: #58840
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.