205 Evergreen DrIrvineKY40336
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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 Irvine at 205 Evergreen Dr, Irvine, KY, 40336 offers a 7.6% rental yield on a $388,500 purchase with $2,460/mo rent. Total monthly income registers $2,460/mo, and a $1,902/mo payment leaves $95/mo available for distribution. Annual cash flow reaches $1,140/yr on $128,788 to close, and return on cash invested stands at 20.79% in year one. Equity gained on principal adds $2,507/yr while 5% annual appreciation supports $107,335 over five years. Portfolio math shows five-year ROI at 107.48% and total cumulative return in cash at $138,425. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,460/mo property income against a $1,902/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40336, Irvine, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,197 (100%) |
| Owner Occupied HU | 3,806 (61.4%) |
| Renter Occupied HU | 1,492 (24.1%) |
| Vacant Housing Units | 899 (14.5%) |
| Median Home Value | $118,517 |
| Average Home Value | $142,337 |
Housing Distribution
Address Breakdown
Residential
6,010
Single Family
5,959
Multi-Family
51
Businesses
315
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