7402 Forestview DrHopkinsvilleKY42240
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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 Hopkinsville at 7402 Forestview Dr, Hopkinsville, KY, 42240 offers a 9.1% rental yield on a $197,900 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $969/mo payment leaves $295/mo available for distribution. Annual cash flow reaches $3,542/yr on $65,604 to close, and return on cash invested stands at 25.31% in year one. Equity gained on principal adds $1,277/yr while 5% annual appreciation supports $54,676 over five years. Portfolio math shows five-year ROI at 131.71% and total cumulative return in cash at $86,409. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $969/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42240, Hopkinsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,682 (100%) |
| Owner Occupied HU | 9,655 (51.7%) |
| Renter Occupied HU | 7,168 (38.4%) |
| Vacant Housing Units | 1,859 ( 10.0%) |
| Median Home Value | $202,774 |
| Average Home Value | $222,301 |
Housing Distribution
Address Breakdown
Residential
18,199
Single Family
17,595
Multi-Family
604
Businesses
1,274
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Listed by: Rachel Diuguid Smith • Legacy Real Estate Co.
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3001773