821 Homewood DrMadisonvilleKY42431
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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 821 Homewood Dr, Madisonville, KY, 42431 at $298,000 posts ROI 29.53% with $792/mo cash flow from $2,606/mo rent. Total monthly income equals $2,606/mo, and annual cash flow records $9,503/yr on $98,787 to close. Return on cash invested measures 29.53% and rental yield reads 10.49% at the current $298,000. Equity gained on principal adds $1,923/yr, and 5% annual appreciation supports $82,332 by year five. Five-year ROI prints 154.28% and total cumulative return in cash totals $152,408.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,606/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
1.29 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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Listed by: Ashley Mckinney • Heritage Homes Real Estate
Mls Name: MHCBOR
Mls ID: #117252