2816 Main StAshlandKY41101
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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 Ashland at 2816 Main St, Ashland, KY, 41101 priced at $139,000 converts $1,169/mo rent into $323/mo cash flow after a $680/mo obligation. Total monthly income equals $1,169/mo, and annual cash flow totals $3,880/yr on $46,079 invested. Return on cash invested prints 28.33% in year one, and rental yield reads 10.09% against a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation compiles into $38,403 by year five. Five-year ROI reaches 147.91% and total cumulative return in cash sums $68,156. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,169/mo property income covering a $680/mo payment, not borrower’s personal income.
Single Family
Built in 1935
8,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41101, Ashland, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,902 (100%) |
| Owner Occupied HU | 4,399 (49.4%) |
| Renter Occupied HU | 3,299 (37.1%) |
| Vacant Housing Units | 1,204 (13.5%) |
| Median Home Value | $135,181 |
| Average Home Value | $173,053 |
Housing Distribution
Address Breakdown
Residential
8,221
Single Family
7,758
Multi-Family
463
Businesses
1,132
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