680 Bishop AveMadisonvilleKY42431
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 Madisonville at 680 Bishop Ave, Madisonville, KY, 42431 at $142,900 posts ROI 46.73% with $1,059/mo cash flow from $1,928/mo rent. Total monthly income equals $1,928/mo, and annual cash flow records $12,705/yr on $47,371 to close. Return on cash invested measures 46.73% and rental yield reads 16.19% at the current $142,900. Equity gained on principal adds $922/yr, and 5% annual appreciation supports $39,481 by year five. Five-year ROI prints 246.52% and total cumulative return in cash totals $116,781.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,928/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42431, Madisonville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,228 (100%) |
| Owner Occupied HU | 7,228 (59.1%) |
| Renter Occupied HU | 3,606 (29.5%) |
| Vacant Housing Units | 1,394 (11.4%) |
| Median Home Value | $157,464 |
| Average Home Value | $194,479 |
Housing Distribution
Address Breakdown
Residential
11,582
Single Family
11,285
Multi-Family
297
Businesses
1,296
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Nearby investment properties with comparable prices
Listed by: Allen Davis • Coldwell Banker-Terry
Mls Name: MHCBOR
Mls ID: #116913
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.