608 Monroe DrTompkinsvilleKY42167
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 608 Monroe Dr, Tompkinsville, KY, 42167 in Tompkinsville hard to pass up. The 12.58% gross yield on a $135,000 purchase results in $1,415/mo in rent and $593/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.33). Annual cash flow of $7,118, five-year appreciation of $37,298, and $1,243/yr in equity build-up combine for a projected total cumulative return of $89,378.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 8.1% |
| Monthly Cash Flow | $593 | $350 |
City averages based on Tompkinsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,415 |
| Total Monthly Debt Service | $768 |
| DSCR Ratio | 1.84x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1970
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42167, Tompkinsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,863 (100%) |
| Owner Occupied HU | 2,369 (61.3%) |
| Renter Occupied HU | 990 (25.6%) |
| Vacant Housing Units | 504 (13.0%) |
| Median Home Value | $179,441 |
| Average Home Value | $227,155 |
Housing Distribution
Address Breakdown
Residential
3,432
Single Family
3,432
Multi-Family
0
Businesses
281
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
Single Family
Built in 1970
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42167, Tompkinsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,863 (100%) |
| Owner Occupied HU | 2,369 (61.3%) |
| Renter Occupied HU | 990 (25.6%) |
| Vacant Housing Units | 504 (13.0%) |
| Median Home Value | $179,441 |
| Average Home Value | $227,155 |
Housing Distribution
Address Breakdown
Residential
3,432
Single Family
3,432
Multi-Family
0
Businesses
281
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices