834 Homewood DrMadisonvilleKY42431
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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 Madisonville at 834 Homewood Dr, Madisonville, KY, 42431 earns $910/mo cash flow from $2,674/mo rent with a $1,419/mo payment. Total monthly income totals $2,674/mo, and annual cash flow totals $10,914/yr on $96,102 capital. ROI tracks 31.27% on current figures, and rental yield reads 11.07% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 163.62% and total cumulative return in cash sums $157,245. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,674/mo property income instead of your personal income.
Single Family
Built in 1959
0.65 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: Ginger Driver • Haven Realty, LLC
Mls Name: MHCBOR
Mls ID: #117231
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.