7905 Old Highway 54PhilpotKY42366
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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 Philpot at 7905 Old Highway 54, Philpot, KY, 42366 offers a 7.48% rental yield on a $299,900 purchase with $1,870/mo rent. Total monthly income registers $1,870/mo, and a $1,468/mo payment leaves $45/mo available for distribution. Annual cash flow reaches $535/yr on $99,417 to close, and return on cash invested stands at 20.45% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 105.6% and total cumulative return in cash at $104,980. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,870/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42366, Philpot, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,390 (100%) |
| Owner Occupied HU | 2,096 (87.7%) |
| Renter Occupied HU | 177 ( 7.4%) |
| Vacant Housing Units | 117 ( 4.9%) |
| Median Home Value | $281,381 |
| Average Home Value | $298,740 |
Housing Distribution
Address Breakdown
Residential
2,370
Single Family
2,370
Multi-Family
0
Businesses
68
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Listed by: The Moose Group • KELLER WILLIAMS ELITE
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #92057
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.