936 Dalton RdProvidenceKY42450
Nearby investment properties with comparable rents
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 Providence at 936 Dalton Rd, Providence, KY, 42450 offers a 9.57% rental yield on a $139,900 purchase with $1,116/mo rent. Total monthly income registers $1,116/mo, and a $685/mo payment leaves $264/mo available for distribution. Annual cash flow reaches $3,171/yr on $46,377 to close, and return on cash invested stands at 26.75% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 139.45% and total cumulative return in cash at $64,671. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,116/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42450, Providence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,137 (60.1%) |
| Renter Occupied HU | 452 (23.9%) |
| Vacant Housing Units | 304 (16.1%) |
| Median Home Value | $75,879 |
| Average Home Value | $135,204 |
Housing Distribution
Address Breakdown
Residential
1,806
Single Family
1,780
Multi-Family
26
Businesses
143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hailee Paxton • Greater Madisonville Realty Company
Mls Name: MHCBOR
Mls ID: #117465