990 Wing Tip CirHopkinsvilleKY42240
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 990 Wing Tip Cir, Hopkinsville, KY, 42240 in Hopkinsville. Priced at $289,900, it generates $2,461/mo in gross rent and $697/mo in net monthly cash flow, a 10.19% yield that comfortably supports the 1.89 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,362. Five-year appreciation: $80,094. Equity from principal paydown: $2,670/yr. Total projected cumulative return: $154,620.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $697 | $420 |
City averages based on Hopkinsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,461 |
| Total Monthly Debt Service | $1,649 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
8,541 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42240, Hopkinsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,682 (100%) |
| Owner Occupied HU | 9,655 (51.7%) |
| Renter Occupied HU | 7,168 (38.4%) |
| Vacant Housing Units | 1,859 ( 10.0%) |
| Median Home Value | $202,774 |
| Average Home Value | $222,301 |
Housing Distribution
Address Breakdown
Residential
18,199
Single Family
17,595
Multi-Family
604
Businesses
1,274
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
Single Family
Built in 2003
8,541 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42240, Hopkinsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,682 (100%) |
| Owner Occupied HU | 9,655 (51.7%) |
| Renter Occupied HU | 7,168 (38.4%) |
| Vacant Housing Units | 1,859 ( 10.0%) |
| Median Home Value | $202,774 |
| Average Home Value | $222,301 |
Housing Distribution
Address Breakdown
Residential
18,199
Single Family
17,595
Multi-Family
604
Businesses
1,274
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Krystal Kirkman • KIRKMAN REAL ESTATE
Mls Name: HCTCBOR
Mls Provider:
Mls ID: #41831
Disclaimer: Copyright Hopkinsville Christian & Todd Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.