530 McLean AveHopkinsvilleKY42240
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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
Investment property for sale in Hopkinsville at 530 McLean Ave, Hopkinsville, KY, 42240 offers a 15.86% rental yield on a $104,950 purchase with $1,387/mo rent. Total monthly income registers $1,387/mo, and a $514/mo payment leaves $748/mo available for distribution. Annual cash flow reaches $8,975/yr on $34,791 to close, and return on cash invested stands at 45.71% in year one. Equity gained on principal adds $677/yr while 5% annual appreciation supports $28,996 over five years. Portfolio math shows five-year ROI at 241.09% and total cumulative return in cash at $83,878. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,387/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42240, Hopkinsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,682 (100%) |
| Owner Occupied HU | 9,655 (51.7%) |
| Renter Occupied HU | 7,168 (38.4%) |
| Vacant Housing Units | 1,859 ( 10.0%) |
| Median Home Value | $202,774 |
| Average Home Value | $222,301 |
Housing Distribution
Address Breakdown
Residential
18,199
Single Family
17,595
Multi-Family
604
Businesses
1,274
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Listed by: Rick Szaks • Lincoln Real Estate
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24019509
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.