3556 Oaklane DrPhilpotKY42366
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
Investment Highlights
Investment property for sale in Philpot at 3556 Oaklane Dr, Philpot, KY, 42366 listed at $319,900 pairs $2,437/mo rent with a $1,566/mo payment to leave $490/mo cash flow. Total monthly income runs $2,437/mo, and annual cash flow reaches $5,877/yr on $106,047 cash to close. Return on cash invested measures 25.45% in year one, and rental yield registers 9.14% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 132.44% and total cumulative return in cash totals $140,444. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,437/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.45 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deana Brewer • TONY CLARK, REALTORS
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #92450
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.