21 Laurel Ridge DrAlexandriaKY41001
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Alexandria at 21 Laurel Ridge Dr, Alexandria, KY, 41001 at $419,900 posts ROI 20.73% with $96/mo cash flow from $2,651/mo rent. Total monthly income equals $2,651/mo, and annual cash flow records $1,147/yr on $139,197 to close. Return on cash invested measures 20.73% and rental yield reads 7.58% at the current $419,900. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 by year five. Five-year ROI prints 107.13% and total cumulative return in cash totals $149,124.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,651/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41001, Alexandria, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,022 (100%) |
| Owner Occupied HU | 6,498 (81.0%) |
| Renter Occupied HU | 1,199 (14.9%) |
| Vacant Housing Units | 325 ( 4.1%) |
| Median Home Value | $313,155 |
| Average Home Value | $363,314 |
Housing Distribution
Address Breakdown
Residential
8,104
Single Family
7,649
Multi-Family
455
Businesses
385
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Nearby investment properties with comparable prices
Listed by: Kelly Hunt • Horan Rosenhagen Real Estate
Mls Name: NKMLS
Mls Provider:
Mls ID: #632774
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