








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Henderson at 343 Tree Line Rd, Henderson, KY, 42420 priced at $264,845 converts $2,916/mo rent into $1,304/mo cash flow after a $1,296/mo obligation. Total monthly income equals $2,916/mo, and annual cash flow totals $15,653/yr on $87,796 invested. Return on cash invested prints 37.74% in year one, and rental yield reads 13.21% against a $264,845 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation compiles into $73,172 by year five. Five-year ROI reaches 198.34% and total cumulative return in cash sums $174,135. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,916/mo property income covering a $1,296/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 42420, Henderson, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,891 (100%) |
| Owner Occupied HU | 9,402 (55.7%) |
| Renter Occupied HU | 6,001 (35.5%) |
| Vacant Housing Units | 1,488 ( 8.8%) |
| Median Home Value | $184,333 |
| Average Home Value | $221,084 |
Residential
16,406
Single Family
14,677
Multi-Family
1,729
Businesses
1,037
Date | Event | Price |
|---|---|---|
| 2025-05-22 | Sold | $264,845 |
| 2025-04-22 | Pending sale | $272,800 |
| 2025-02-10 | Listed for sale | $272,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2021-10-21 | $2062.74 | 126.33% | $186,000 | N/A |
| 2020-10-21 | $911.40 | N/A | $186,000 | 3.33% |
| 2019-10-21 | $911.40 | 3.33% | $180,000 | N/A |



Listed by: Melinda Luntsford • ERA FIRST ADVANTAGE
Mls Name: HAMLS
Mls Provider:
Mls ID: #250054
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.