8970 Ilsley RdDawson SpringsKY42408
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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
Rental property for sale in Dawson Springs at 8970 Ilsley Rd, Dawson Springs, KY, 42408 generates $1,396/mo in rent and, after a $783/mo payment, leaves $422/mo in cash flow. Total monthly income is $1,396/mo, and annual cash flow is $5,069/yr on $53,007 invested. Return on cash invested sits at 29.47% in year one, and rental yield is 10.48% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 154.04% and total cumulative return in cash sums $81,654. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,396/mo property income rather than buyer’s personal income.
Single Family
Built in 1931
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42408, Dawson Springs, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,992 (100%) |
| Owner Occupied HU | 1,923 (64.3%) |
| Renter Occupied HU | 613 (20.5%) |
| Vacant Housing Units | 456 (15.2%) |
| Median Home Value | $111,671 |
| Average Home Value | $160,459 |
Housing Distribution
Address Breakdown
Residential
2,414
Single Family
2,355
Multi-Family
59
Businesses
87
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Nearby investment properties with comparable prices
Listed by: Lavena Cavanaugh • Bhg Realty
Mls Name: MHCBOR
Mls ID: #116395
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.