5320B Hanson Rd #BMadisonvilleKY42431
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
Investment property for sale in Madisonville at 5320B Hanson Rd #B, Madisonville, KY, 42431 listed at $150,001 pairs $1,954/mo rent with a $734/mo payment to leave $1,041/mo cash flow. Total monthly income runs $1,954/mo, and annual cash flow reaches $12,495/yr on $49,725 cash to close. Return on cash invested measures 45.04% in year one, and rental yield registers 15.63% at a $150,001 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,443 by year five. Five-year ROI tracks 237.5% and total cumulative return in cash totals $118,098. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,954/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
3.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42431, Madisonville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,228 (100%) |
| Owner Occupied HU | 7,228 (59.1%) |
| Renter Occupied HU | 3,606 (29.5%) |
| Vacant Housing Units | 1,394 (11.4%) |
| Median Home Value | $157,464 |
| Average Home Value | $194,479 |
Housing Distribution
Address Breakdown
Residential
11,582
Single Family
11,285
Multi-Family
297
Businesses
1,296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melvin Hicklin • Hicklin Real Estate
Mls Name: MHCBOR
Mls ID: #117402
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.