162 Sir Wilburn WayAlvatonKY42122
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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
Rental property for sale in Alvaton at 162 Sir Wilburn Way, Alvaton, KY, 42122 priced at $600,000 converts $3,530/mo rent into after a $2,937/mo obligation. Total monthly income equals $3,530/mo. Return on cash invested prints 19.32% in year one, and rental yield reads 7.06% against a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 99.5% and total cumulative return in cash sums $196,416. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,530/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in 2024
1 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: Brion E Holland • Keller Williams First Choice Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20243647
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.