587 Winchester DrHopkinsvilleKY42240
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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 587 Winchester Dr, Hopkinsville, KY, 42240 at $197,000 posts ROI 31.42% with $626/mo cash flow from $1,825/mo rent. Total monthly income equals $1,825/mo, and annual cash flow records $7,515/yr on $65,306 to close. Return on cash invested measures 31.42% and rental yield reads 11.12% at the current $197,000. Equity gained on principal adds $1,271/yr, and 5% annual appreciation supports $54,427 by year five. Five-year ROI prints 164.46% and total cumulative return in cash totals $107,402.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,825/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
N/A 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: Karen Chiles • Advantage Realtors
Mls Name: WKRMLS
Mls ID: #120285
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.