23 Cornerstone DrAlvatonKY42122
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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 23 Cornerstone Dr, Alvaton, KY, 42122 generates $2,555/mo in rent, after a $2,570/mo payment. Total monthly income is $2,555/mo. Return on cash invested sits at 15.61% in year one, and rental yield is 5.84% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 79.63% and total cumulative return in cash sums $137,541. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,555/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.70 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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