404 Springmont DrHopkinsvilleKY42240
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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 Hopkinsville at 404 Springmont Dr, Hopkinsville, KY, 42240 with 5% annual appreciation on a $265,900 basis while $1,789/mo rent supports operations. Total monthly income totals $1,789/mo and a $1,301/mo payment preserves $171/mo for cash returns. Annual cash flow comes to $2,054/yr on $88,146 deployed, and return on cash invested reaches 22.24% in year one. Equity gained on principal adds $1,716/yr, and five-year appreciation sums $73,463 alongside rental yield of 8.07%. Five-year ROI measures 115.24% and total cumulative return in cash totals $101,578.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,789/mo property income versus a $1,301/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42240, Hopkinsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,682 (100%) |
| Owner Occupied HU | 9,655 (51.7%) |
| Renter Occupied HU | 7,168 (38.4%) |
| Vacant Housing Units | 1,859 ( 10.0%) |
| Median Home Value | $202,774 |
| Average Home Value | $222,301 |
Housing Distribution
Address Breakdown
Residential
18,199
Single Family
17,595
Multi-Family
604
Businesses
1,274
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