321 Riverside DrRussellKY41169
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.03% yield at 321 Riverside Dr, Russell, KY, 41169 in Russell is solid, but the $1,113/mo payment compresses net cash flow to $151/mo at $247,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $68,380 by year five, and $2,280/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.49) without U.S. income documentation. Total projected return: $103,473.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 7.9% |
| Monthly Cash Flow | $151 | $300 |
City averages based on Russell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,657 |
| Total Monthly Debt Service | $1,408 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.