2917 Lucille 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 2917 Lucille St, Ashland, KY, 41102 uses $119,340 cash to close to unlock $1,236/yr annual cash flow and $103/mo monthly cash flow. Total monthly income runs $2,294/mo, and a $1,762/mo payment keeps the spread at $103/mo. Purchase price stands at $360,000, and rental yield measures 7.65% with $2,294/mo rent. Return on cash invested shows 20.94% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 108.23% and total cumulative return in cash records $129,165. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,294/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.29 Acres 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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