609 W 17th StHopkinsvilleKY42240
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 609 W 17th St, Hopkinsville, KY, 42240 uses $69,284 cash to close to unlock $2,495/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $1,480/mo, and a $1,023/mo payment keeps the spread at $208/mo. Purchase price stands at $209,000, and rental yield measures 8.5% with $1,480/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 122.01% and total cumulative return in cash records $84,530. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,480/mo property income covering a $1,023/mo payment rather than investor’s personal income.
Single Family
Built in 1970
7,300 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
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Listed by: Dana Zordel • ADVANTAGE REALTORS
Mls Name: HCTCBOR
Mls Provider:
Mls ID: #40466
Disclaimer: Copyright Hopkinsville Christian & Todd Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.