3464 Woodlane DrPhilpotKY42366
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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 Philpot at 3464 Woodlane Dr, Philpot, KY, 42366 generates $2,566/mo in rent and, after a $1,415/mo payment, leaves $807/mo in cash flow. Total monthly income is $2,566/mo, and annual cash flow is $9,679/yr on $95,804 invested. Return on cash invested sits at 30.01% in year one, and rental yield is 10.65% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 156.91% and total cumulative return in cash sums $150,326. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,566/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42366, Philpot, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,390 (100%) |
| Owner Occupied HU | 2,096 (87.7%) |
| Renter Occupied HU | 177 ( 7.4%) |
| Vacant Housing Units | 117 ( 4.9%) |
| Median Home Value | $281,381 |
| Average Home Value | $298,740 |
Housing Distribution
Address Breakdown
Residential
2,370
Single Family
2,370
Multi-Family
0
Businesses
68
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Listed by: Tracy Ioia • RE/MAX PROFESSIONAL REALTY GROUP
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #92577
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.