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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Henderson at 904 Watson Ln, Henderson, KY, 42420 offers a 9.08% rental yield on a $279,900 purchase with $2,117/mo rent. Total monthly income registers $2,117/mo, and a $1,370/mo payment leaves $413/mo available for distribution. Annual cash flow reaches $4,961/yr on $92,787 to close, and return on cash invested stands at 25.26% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 131.4% and total cumulative return in cash at $121,921. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,117/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 42420, Henderson, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,891 (100%) |
| Owner Occupied HU | 9,402 (55.7%) |
| Renter Occupied HU | 6,001 (35.5%) |
| Vacant Housing Units | 1,488 ( 8.8%) |
| Median Home Value | $184,333 |
| Average Home Value | $221,084 |
Residential
16,406
Single Family
14,677
Multi-Family
1,729
Businesses
1,037
Date | Event | Price |
|---|---|---|
| 2025-09-16 | Listed for sale | $279,900 |
| 2024-11-07 | Sold | $240,000 |
| 2024-10-03 | Pending sale | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2021-09-18 | $10.48 | -97.77% | $135,000 | N/A |
| 2020-09-18 | $468.93 | N/A | $135,000 | 8.00% |
| 2019-09-18 | $468.93 | 9.50% | $125,000 | N/A |
Listed by: Harris Group • Keller Williams Elite
Mls Name: HAMLS
Mls Provider:
Mls ID: #250516
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
