355 Shelly Poe RdDawson SpringsKY42408
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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
Investment Highlights
Rental property for sale in Dawson Springs at 355 Shelly Poe Rd, Dawson Springs, KY, 42408 offers $1,607/mo rent that, after a $978/mo payment, leaves $391/mo cash flow. Total monthly income is $1,607/mo, and annual cash flow is $4,689/yr on $66,267 cash. Return on cash invested measures 26.99% in year one, and rental yield stands at 9.65% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 140.65% and total cumulative return in cash reaches $93,205. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,607/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
10.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42408, Dawson Springs, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,992 (100%) |
| Owner Occupied HU | 1,923 (64.3%) |
| Renter Occupied HU | 613 (20.5%) |
| Vacant Housing Units | 456 (15.2%) |
| Median Home Value | $111,671 |
| Average Home Value | $160,459 |
Housing Distribution
Address Breakdown
Residential
2,414
Single Family
2,355
Multi-Family
59
Businesses
87
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Listed by: Ginger Driver • Haven Realty, LLC
Mls Name: MHCBOR
Mls ID: #116842
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.