4186 Morris DrHendersonKY42420
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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
Rental property for sale in Henderson at 4186 Morris Dr, Henderson, KY, 42420 priced at $167,000 pairs $1,511/mo rent with $495/mo cash flow after a $817/mo payment. Total monthly income equals $1,511/mo, and annual cash flow comes to $5,940/yr on $55,361 invested. Return on cash invested is 30.64% in year one, and rental yield stands at 10.86% on a $167,000 basis. Equity gained on principal adds $1,078/yr, and 5% annual appreciation accumulates to $46,139 by year five. Five-year ROI measures 160.24% and total cumulative return in cash reaches $88,707. For financing, Ziffy Mortgage’s DSCR program evaluates $1,511/mo property income against a $817/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42420, Henderson, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,891 (100%) |
| Owner Occupied HU | 9,402 (55.7%) |
| Renter Occupied HU | 6,001 (35.5%) |
| Vacant Housing Units | 1,488 ( 8.8%) |
| Median Home Value | $184,333 |
| Average Home Value | $221,084 |
Housing Distribution
Address Breakdown
Residential
16,406
Single Family
14,677
Multi-Family
1,729
Businesses
1,037
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Listed by: William Fryer • FRYER REALTY & APPRAISALS
Mls Name: HAMLS
Mls Provider:
Mls ID: #240548
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.