2723 Algonquin AveAshlandKY41102
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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 2723 Algonquin Ave, Ashland, KY, 41102 listed at $176,000 pairs $2,897/mo rent with a $861/mo payment to leave $1,826/mo cash flow. Total monthly income runs $2,897/mo, and annual cash flow reaches $21,915/yr on $58,344 cash to close. Return on cash invested measures 57.47% in year one, and rental yield registers 19.75% at a $176,000 basis. Equity gained on principal adds $1,136/yr, and annual property appreciation at 5% supports $48,626 by year five. Five-year ROI tracks 304.17% and total cumulative return in cash totals $177,465. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,897/mo property income relative to a $861/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
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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Listed by: Christopher L Hutchinson ll • Keller Williams Legacy Group
Mls Name: AABR
Mls Provider:
Mls ID: #58990
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.