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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Union at 2238 Algiers St, Union, KY, 41091 offers a 8.03% rental yield on a $315,000 purchase with $2,108/mo rent. Total monthly income registers $2,108/mo, and a $1,542/mo payment leaves $191/mo available for distribution. Annual cash flow reaches $2,287/yr on $104,423 to close, and return on cash invested stands at 22.1% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 114.46% and total cumulative return in cash at $119,525. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,108/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41091, Union, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,118 (100%) |
| Owner Occupied HU | 7,864 (86.2%) |
| Renter Occupied HU | 821 ( 9.0%) |
| Vacant Housing Units | 433 ( 4.7%) |
| Median Home Value | $410,432 |
| Average Home Value | $452,431 |
Residential
9,443
Single Family
9,443
Multi-Family
0
Businesses
277
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sarah Close • Keller Williams Advisors
Mls Name: NKMLS
Mls ID: #637006
