14 Alder CtLondonKY40744
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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 London at 14 Alder Ct, London, KY, 40744 uses $72,930 cash to close to unlock $7,978/yr annual cash flow and $665/mo monthly cash flow. Total monthly income runs $2,004/mo, and a $1,077/mo payment keeps the spread at $665/mo. Purchase price stands at $220,000, and rental yield measures 10.93% with $2,004/mo rent. Return on cash invested shows 30.85% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 161.38% and total cumulative return in cash records $117,695. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,004/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40744, London, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,192 (100%) |
| Owner Occupied HU | 5,614 (68.5%) |
| Renter Occupied HU | 1,960 (23.9%) |
| Vacant Housing Units | 618 ( 7.5%) |
| Median Home Value | $171,588 |
| Average Home Value | $215,546 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
7,870
Multi-Family
173
Businesses
255
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