639 Logan Skaggs RdHodgenvilleKY42748
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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 Hodgenville at 639 Logan Skaggs Rd, Hodgenville, KY, 42748 offers a 10.65% rental yield on a $199,000 purchase with $1,766/mo rent. Total monthly income registers $1,766/mo, and a $974/mo payment leaves $555/mo available for distribution. Annual cash flow reaches $6,658/yr on $65,969 to close, and return on cash invested stands at 30% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 156.85% and total cumulative return in cash at $103,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,766/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42748, Hodgenville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,142 (100%) |
| Owner Occupied HU | 2,718 (65.6%) |
| Renter Occupied HU | 1,068 (25.8%) |
| Vacant Housing Units | 356 ( 8.6%) |
| Median Home Value | $191,453 |
| Average Home Value | $239,151 |
Housing Distribution
Address Breakdown
Residential
3,967
Single Family
3,941
Multi-Family
26
Businesses
325
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Listed by: Jay Pitts • RE/MAX Premier Properties
Mls Name: GLARMLS
Mls ID: #1694670