264 Broadway StIrvineKY40336
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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 Irvine at 264 Broadway St, Irvine, KY, 40336 uses $49,725 cash to close to unlock $7,347/yr annual cash flow and $612/mo monthly cash flow. Total monthly income runs $1,525/mo, and a $734/mo payment keeps the spread at $612/mo. Purchase price stands at $150,000, and rental yield measures 12.2% with $1,525/mo rent. Return on cash invested shows 34.68% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 182.02% and total cumulative return in cash records $90,510. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,525/mo property income covering a $734/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
8,300 sqft 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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