261 Main StIrvineKY40336
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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
Rental property for sale in Irvine at 261 Main St, Irvine, KY, 40336 priced at $335,000 pairs $3,564/mo rent with $1,525/mo cash flow after a $1,640/mo payment. Total monthly income equals $3,564/mo, and annual cash flow comes to $18,297/yr on $111,053 invested. Return on cash invested is 36.39% in year one, and rental yield stands at 12.77% on a $335,000 basis. Equity gained on principal adds $2,162/yr, and 5% annual appreciation accumulates to $92,554 by year five. Five-year ROI measures 191.06% and total cumulative return in cash reaches $212,180. For financing, Ziffy Mortgage’s DSCR program evaluates $3,564/mo property income against a $1,640/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1880
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40336, Irvine, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,197 (100%) |
| Owner Occupied HU | 3,806 (61.4%) |
| Renter Occupied HU | 1,492 (24.1%) |
| Vacant Housing Units | 899 (14.5%) |
| Median Home Value | $118,517 |
| Average Home Value | $142,337 |
Housing Distribution
Address Breakdown
Residential
6,010
Single Family
5,959
Multi-Family
51
Businesses
315
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Listed by: Joyce M Marcum • Joyce Marcum Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24010587
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.