10 Thatcher AveAlexandriaKY41001
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
Rental property for sale in Alexandria at 10 Thatcher Ave, Alexandria, KY, 41001 priced at $265,000 converts $1,910/mo rent into $297/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,910/mo, and annual cash flow totals $3,567/yr on $87,848 invested. Return on cash invested prints 23.97% in year one, and rental yield reads 8.65% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 124.53% and total cumulative return in cash sums $109,395. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,910/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in N/A
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41001, Alexandria, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,022 (100%) |
| Owner Occupied HU | 6,498 (81.0%) |
| Renter Occupied HU | 1,199 (14.9%) |
| Vacant Housing Units | 325 ( 4.1%) |
| Median Home Value | $313,155 |
| Average Home Value | $363,314 |
Housing Distribution
Address Breakdown
Residential
8,104
Single Family
7,649
Multi-Family
455
Businesses
385
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Listed by: Cindy Steffen • RE/MAX Victory + Affiliates
Mls Name: NKMLS
Mls ID: #637405