1009 Meenach DrAshlandKY41102
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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 Ashland at 1009 Meenach Dr, Ashland, KY, 41102 with 5% annual appreciation on a $189,900 basis while $1,582/mo rent supports operations. Total monthly income totals $1,582/mo and a $929/mo payment preserves $427/mo for cash returns. Annual cash flow comes to $5,120/yr on $62,952 deployed, and return on cash invested reaches 28.04% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 10%. Five-year ROI measures 146.33% and total cumulative return in cash totals $92,117.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,582/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41102, Ashland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,824 (100%) |
| Owner Occupied HU | 6,043 (68.5%) |
| Renter Occupied HU | 1,869 (21.2%) |
| Vacant Housing Units | 912 (10.3%) |
| Median Home Value | $174,046 |
| Average Home Value | $191,655 |
Housing Distribution
Address Breakdown
Residential
8,278
Single Family
8,245
Multi-Family
33
Businesses
479
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Listed by: Lois Anders Johnson • Century 21 Brooks Wells Enterprises
Mls Name: AABR
Mls Provider:
Mls ID: #58614
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.