411 Mill StMadisonvilleKY42431
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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 Madisonville at 411 Mill St, Madisonville, KY, 42431 earns $285/mo cash flow from $1,410/mo rent with a $905/mo payment. Total monthly income totals $1,410/mo, and annual cash flow totals $3,416/yr on $61,294 capital. ROI tracks 25.48% on current figures, and rental yield reads 9.15% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 132.59% and total cumulative return in cash sums $81,271. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,410/mo property income instead of your personal income.
Single Family
Built in 2000
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42431, Madisonville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,228 (100%) |
| Owner Occupied HU | 7,228 (59.1%) |
| Renter Occupied HU | 3,606 (29.5%) |
| Vacant Housing Units | 1,394 (11.4%) |
| Median Home Value | $157,464 |
| Average Home Value | $194,479 |
Housing Distribution
Address Breakdown
Residential
11,582
Single Family
11,285
Multi-Family
297
Businesses
1,296
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Listed by: Merideth Tyson • Heritage Homes Real Estate
Mls Name: MHCBOR
Mls ID: #116906
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.