48 Alligator CvRussell SpringsKY42642
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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 Russell Springs at 48 Alligator Cv, Russell Springs, KY, 42642 priced at $450,000 converts $2,715/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,715/mo. Return on cash invested prints 19.71% in year one, and rental yield reads 7.24% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 101.66% and total cumulative return in cash sums $151,650. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,715/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 2005
1.28 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
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Listed by: Bradley Bigelow • Century 21 Advantage Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25000976
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.