94 Old Columbia RdRussell SpringsKY42642
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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 Russell Springs at 94 Old Columbia Rd, Russell Springs, KY, 42642 with 5% annual appreciation on a $164,900 basis while $1,548/mo rent supports operations. Total monthly income totals $1,548/mo and a $807/mo payment preserves $544/mo for cash returns. Annual cash flow comes to $6,534/yr on $54,664 deployed, and return on cash invested reaches 31.86% in year one. Equity gained on principal adds $1,064/yr, and five-year appreciation sums $45,559 alongside rental yield of 11.27%. Five-year ROI measures 166.82% and total cumulative return in cash totals $91,192.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,548/mo property income versus a $807/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42642, Russell Springs, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,935 (100%) |
| Owner Occupied HU | 4,045 (58.3%) |
| Renter Occupied HU | 1,547 (22.3%) |
| Vacant Housing Units | 1,343 (19.4%) |
| Median Home Value | $174,781 |
| Average Home Value | $203,668 |
Housing Distribution
Address Breakdown
Residential
5,488
Single Family
5,488
Multi-Family
0
Businesses
404
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Listed by: Darren Gossage • Weichert Realtors Ford Brothers, Inc.
Mls Name: Imagine MLS
Mls ID: #25501881