210 Ashley Dr UNIT 210AlexandriaKY41001
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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 Alexandria at 210 Ashley Dr UNIT 210, Alexandria, KY, 41001 offers a 8.3% rental yield on a $200,000 purchase with $1,384/mo rent. Total monthly income registers $1,384/mo, and a $979/mo payment leaves $167/mo available for distribution. Annual cash flow reaches $2,000/yr on $66,300 to close, and return on cash invested stands at 22.93% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 118.89% and total cumulative return in cash at $78,824. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,384/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1995
6,969 sqft 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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Listed by: Brian Zeschke • Pivot Realty Group
Mls Name: NKMLS
Mls ID: #639325