6142 Boston Laffoon RdPhilpotKY42366
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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 Philpot at 6142 Boston Laffoon Rd, Philpot, KY, 42366 uses $119,340 cash to close to unlock $4,188/yr annual cash flow and $349/mo monthly cash flow. Total monthly income runs $2,540/mo, and a $1,762/mo payment keeps the spread at $349/mo. Purchase price stands at $360,000, and rental yield measures 8.47% with $2,540/mo rent. Return on cash invested shows 23.42% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 121.52% and total cumulative return in cash records $145,017. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,540/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 2018
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42366, Philpot, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,390 (100%) |
| Owner Occupied HU | 2,096 (87.7%) |
| Renter Occupied HU | 177 ( 7.4%) |
| Vacant Housing Units | 117 ( 4.9%) |
| Median Home Value | $281,381 |
| Average Home Value | $298,740 |
Housing Distribution
Address Breakdown
Residential
2,370
Single Family
2,370
Multi-Family
0
Businesses
68
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Listed by: Megan Mattingly • RE/MAX PROFESSIONAL REALTY GROUP
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #90834
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.