6074 Mount Vernon RdHendersonKY42420
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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 Henderson at 6074 Mount Vernon Rd, Henderson, KY, 42420 offers a 8.04% rental yield on a $129,900 purchase with $870/mo rent. Total monthly income registers $870/mo, and a $636/mo payment leaves $79/mo available for distribution. Annual cash flow reaches $950/yr on $43,062 to close, and return on cash invested stands at 22.12% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 114.63% and total cumulative return in cash at $49,363. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $870/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1895
3.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42420, Henderson, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,891 (100%) |
| Owner Occupied HU | 9,402 (55.7%) |
| Renter Occupied HU | 6,001 (35.5%) |
| Vacant Housing Units | 1,488 ( 8.8%) |
| Median Home Value | $184,333 |
| Average Home Value | $221,084 |
Housing Distribution
Address Breakdown
Residential
16,406
Single Family
14,677
Multi-Family
1,729
Businesses
1,037
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