350 Hobgood LnNeboKY42441
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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 Nebo at 350 Hobgood Ln, Nebo, KY, 42441 with 5% annual appreciation on a $139,900 basis while $1,267/mo rent supports operations. Total monthly income totals $1,267/mo and a $685/mo payment preserves $415/mo for cash returns. Annual cash flow comes to $4,983/yr on $46,377 deployed, and return on cash invested reaches 30.65% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,652 alongside rental yield of 10.87%. Five-year ROI measures 160.41% and total cumulative return in cash totals $74,391.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,267/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2004
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42441, Nebo, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 606 (100%) |
| Owner Occupied HU | 429 (70.8%) |
| Renter Occupied HU | 101 (16.7%) |
| Vacant Housing Units | 76 (12.5%) |
| Median Home Value | $165,057 |
| Average Home Value | $187,249 |
Housing Distribution
Address Breakdown
Residential
571
Single Family
571
Multi-Family
0
Businesses
16
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