600A Colonette DrHopkinsvilleKY42240
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 Hopkinsville at 600A Colonette Dr, Hopkinsville, KY, 42240 with 5% annual appreciation on a $264,900 basis while $2,520/mo rent supports operations. Total monthly income totals $2,520/mo and a $1,297/mo payment preserves $907/mo for cash returns. Annual cash flow comes to $10,888/yr on $87,814 deployed, and return on cash invested reaches 32.31% in year one. Equity gained on principal adds $1,709/yr, and five-year appreciation sums $73,187 alongside rental yield of 11.42%. Five-year ROI measures 169.23% and total cumulative return in cash totals $148,604.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,520/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
10,018 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vulenzo Blount • Bolinger Real Estate & Auction, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3049089