425 Briggs Lake RdRussellvilleKY42276
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
Rental property for sale in Russellville at 425 Briggs Lake Rd, Russellville, KY, 42276 offers $1,930/mo rent that, after a $1,219/mo payment, leaves $414/mo cash flow. Total monthly income is $1,930/mo, and annual cash flow is $4,971/yr on $82,544 cash. Return on cash invested measures 25.93% in year one, and rental yield stands at 9.3% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 135.05% and total cumulative return in cash reaches $111,476. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,930/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
7.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42276, Russellville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,973 (100%) |
| Owner Occupied HU | 4,342 (62.3%) |
| Renter Occupied HU | 2,039 (29.2%) |
| Vacant Housing Units | 592 ( 8.5%) |
| Median Home Value | $181,106 |
| Average Home Value | $216,365 |
Housing Distribution
Address Breakdown
Residential
6,659
Single Family
6,632
Multi-Family
27
Businesses
734
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Miller • Keller Williams First Choice R
Mls Name: RASK
Mls ID: #RA20256337