520 Lucas CirDawson SpringsKY42408
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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 Dawson Springs at 520 Lucas Cir, Dawson Springs, KY, 42408 priced at $345,000 pairs $2,357/mo rent with $257/mo cash flow after a $1,689/mo payment. Total monthly income equals $2,357/mo, and annual cash flow comes to $3,082/yr on $114,368 invested. Return on cash invested is 22.6% in year one, and rental yield stands at 8.2% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 117.15% and total cumulative return in cash reaches $133,984. For financing, Ziffy Mortgage’s DSCR program evaluates $2,357/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42408, Dawson Springs, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,992 (100%) |
| Owner Occupied HU | 1,923 (64.3%) |
| Renter Occupied HU | 613 (20.5%) |
| Vacant Housing Units | 456 (15.2%) |
| Median Home Value | $111,671 |
| Average Home Value | $160,459 |
Housing Distribution
Address Breakdown
Residential
2,414
Single Family
2,355
Multi-Family
59
Businesses
87
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Nearby investment properties with comparable prices
Listed by: Javin Vannoy • Bhg Realty
Mls Name: MHCBOR
Mls ID: #116398
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.