310 Washington StAlexandriaKY41001
Nearby investment properties with comparable rents
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 Alexandria at 310 Washington St, Alexandria, KY, 41001 priced at $304,900 pairs $2,034/mo rent with $179/mo cash flow after a $1,492/mo payment. Total monthly income equals $2,034/mo, and annual cash flow comes to $2,144/yr on $101,074 invested. Return on cash invested is 22.03% in year one, and rental yield stands at 8.01% on a $304,900 basis. Equity gained on principal adds $1,967/yr, and 5% annual appreciation accumulates to $84,238 by year five. Five-year ROI measures 114.08% and total cumulative return in cash reaches $115,310. For financing, Ziffy Mortgage’s DSCR program evaluates $2,034/mo property income against a $1,492/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41001, Alexandria, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,022 (100%) |
| Owner Occupied HU | 6,498 (81.0%) |
| Renter Occupied HU | 1,199 (14.9%) |
| Vacant Housing Units | 325 ( 4.1%) |
| Median Home Value | $313,155 |
| Average Home Value | $363,314 |
Housing Distribution
Address Breakdown
Residential
8,104
Single Family
7,649
Multi-Family
455
Businesses
385
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Listed by: Douglas Lloyd • Home Advantage Concepts
Mls Name: NKMLS
Mls ID: #636707