1220 Old Dearing RdAlvatonKY42122
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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 Alvaton at 1220 Old Dearing Rd, Alvaton, KY, 42122 listed at $447,500 pairs $2,029/mo rent with a $2,190/mo payment. Total monthly income runs $2,029/mo. Return on cash invested measures 14.29% in year one, and rental yield registers 5.44% at a $447,500 basis. Equity gained on principal adds $2,888/yr, and annual property appreciation at 5% supports $123,636 by year five. Five-year ROI tracks 72.59% and total cumulative return in cash totals $107,689. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,029/mo property income relative to a $2,190/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
4.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42122, Alvaton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,220 (100%) |
| Owner Occupied HU | 1,886 (85.0%) |
| Renter Occupied HU | 218 ( 9.8%) |
| Vacant Housing Units | 116 ( 5.2%) |
| Median Home Value | $317,523 |
| Average Home Value | $402,802 |
Housing Distribution
Address Breakdown
Residential
2,345
Single Family
2,345
Multi-Family
0
Businesses
41
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Listed by: Alison K Gildersleeve • RE/MAX Real Estate Executives
Mls Name: RASK
Mls Provider:
Mls ID: #RA20254798
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.