433 R Grider RdRussell SpringsKY42642
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 433 R Grider Rd, Russell Springs, KY, 42642 in Russell Springs worth study. Rental yield 4.67%. The 4.67% gross yield is below cash-flow benchmarks at $601,000, but 5% annual appreciation, adding $166,045 over five years, frames this as a capital growth position. Rent of $2,339/mo partially offsets the $2,702/mo payment. Ziffy Mortgage finances appreciation-play properties (0.87 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $142,789.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 7.5% |
| Monthly Cash Flow | $(1,319) | $250 |
City averages based on Russell Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,339 |
| Total Monthly Debt Service | $3,419 |
| DSCR Ratio | 0.68x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
34.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42642, Russell Springs, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,935 (100%) |
| Owner Occupied HU | 4,045 (58.3%) |
| Renter Occupied HU | 1,547 (22.3%) |
| Vacant Housing Units | 1,343 (19.4%) |
| Median Home Value | $174,781 |
| Average Home Value | $203,668 |
Housing Distribution
Address Breakdown
Residential
5,488
Single Family
5,488
Multi-Family
0
Businesses
404
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
Single Family
Built in 2003
34.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42642, Russell Springs, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,935 (100%) |
| Owner Occupied HU | 4,045 (58.3%) |
| Renter Occupied HU | 1,547 (22.3%) |
| Vacant Housing Units | 1,343 (19.4%) |
| Median Home Value | $174,781 |
| Average Home Value | $203,668 |
Housing Distribution
Address Breakdown
Residential
5,488
Single Family
5,488
Multi-Family
0
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Simon Wilson • Golden Rule - Wilson Real Estate and Auction #1, LLC
Mls Name: South Central Kentucky AOR
Mls Provider:
Mls ID: #SC47091