643 J D Buchanan RdHansonKY42413
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 Hanson at 643 J D Buchanan Rd, Hanson, KY, 42413 offers a 7.37% rental yield on a $389,900 purchase with $2,394/mo rent. Total monthly income registers $2,394/mo, and a $1,908/mo payment leaves $21/mo available for distribution. Annual cash flow reaches $256/yr on $129,252 to close, and return on cash invested stands at 20.11% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 103.79% and total cumulative return in cash at $134,149. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,394/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42413, Hanson, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,158 (100%) |
| Owner Occupied HU | 979 (84.5%) |
| Renter Occupied HU | 111 ( 9.6%) |
| Vacant Housing Units | 68 ( 5.9%) |
| Median Home Value | $188,375 |
| Average Home Value | $199,791 |
Housing Distribution
Address Breakdown
Residential
1,110
Single Family
1,110
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices