590 Great Country Estate RdHawesvilleKY42348
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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 Hawesville at 590 Great Country Estate Rd, Hawesville, KY, 42348 generates $3,125/mo in rent and, after a $2,447/mo payment, leaves $82/mo in cash flow. Total monthly income is $3,125/mo, and annual cash flow is $987/yr on $165,717 invested. Return on cash invested sits at 20.5% in year one, and rental yield is 7.5% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 105.92% and total cumulative return in cash sums $175,524. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,125/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42348, Hawesville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,048 (100%) |
| Owner Occupied HU | 1,509 (73.7%) |
| Renter Occupied HU | 341 (16.7%) |
| Vacant Housing Units | 198 ( 9.7%) |
| Median Home Value | $150,354 |
| Average Home Value | $173,193 |
Housing Distribution
Address Breakdown
Residential
1,852
Single Family
1,852
Multi-Family
0
Businesses
116
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Listed by: JUSTIN W NUGENT • RE/MAX REAL ESTATE EXECUTIVES
Mls Name: Greater Owensboro Realtor Association
Mls ID: #93155