6236 State Route 176DrakesboroKY42337
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 Drakesboro at 6236 State Route 176, Drakesboro, KY, 42337 listed at $375,000 pairs $1,298/mo rent with a $1,835/mo payment. Total monthly income runs $1,298/mo. Return on cash invested measures 10.41% in year one, and rental yield registers 4.15% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 51.79% and total cumulative return in cash totals $64,383. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,298/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
16.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42337, Drakesboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 801 (100%) |
| Owner Occupied HU | 538 (67.2%) |
| Renter Occupied HU | 121 (15.1%) |
| Vacant Housing Units | 142 (17.7%) |
| Median Home Value | $98,511 |
| Average Home Value | $172,258 |
Housing Distribution
Address Breakdown
Residential
642
Single Family
642
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
Listed by: Tonya Beadnell • Wright Choice of Kentucky Realty & Auction
Mls Name: My State MLS
Mls ID: #11333756