605 Colonette 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 605 Colonette Dr, Hopkinsville, KY, 42240 earns $357/mo cash flow from $1,628/mo rent with a $1,022/mo payment. Total monthly income totals $1,628/mo, and annual cash flow totals $4,285/yr on $69,250 capital. ROI tracks 26.1% on current figures, and rental yield reads 9.35% at a $208,900 purchase. Equity gained on principal adds $1,348/yr, and 5% annual appreciation supports $57,715 over five years. Five-year ROI reaches 135.95% and total cumulative return in cash sums $94,146. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,628/mo property income instead of your personal income.
Single Family
Built in 2024
0.25 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: Hailee Paxton • Greater Madisonville Realty Company
Mls Name: MHCBOR
Mls ID: #116952