2431 Henderson StAshlandKY41102
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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 Ashland at 2431 Henderson St, Ashland, KY, 41102 uses $79,626 cash to close to unlock $15,729/yr annual cash flow and $1,311/mo monthly cash flow. Total monthly income runs $2,773/mo, and a $1,176/mo payment keeps the spread at $1,311/mo. Purchase price stands at $240,200, and rental yield measures 13.85% with $2,773/mo rent. Return on cash invested shows 39.66% in year one, and 5% annual appreciation builds toward $66,363 over five years. Five-year ROI reaches 208.64% and total cumulative return in cash records $166,133. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,773/mo property income covering a $1,176/mo payment rather than investor’s personal income.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41102, Ashland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,824 (100%) |
| Owner Occupied HU | 6,043 (68.5%) |
| Renter Occupied HU | 1,869 (21.2%) |
| Vacant Housing Units | 912 (10.3%) |
| Median Home Value | $174,046 |
| Average Home Value | $191,655 |
Housing Distribution
Address Breakdown
Residential
8,278
Single Family
8,245
Multi-Family
33
Businesses
479
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