3812 Blackburn AveAshlandKY41101
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
Investment property for sale in Ashland at 3812 Blackburn Ave, Ashland, KY, 41101 uses $38,951 cash to close to unlock $6,240/yr annual cash flow and $520/mo monthly cash flow. Total monthly income runs $1,235/mo, and a $575/mo payment keeps the spread at $520/mo. Purchase price stands at $117,500, and rental yield measures 12.61% with $1,235/mo rent. Return on cash invested shows 35.93% in year one, and 5% annual appreciation builds toward $32,463 over five years. Five-year ROI reaches 188.58% and total cumulative return in cash records $73,454. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,235/mo property income covering a $575/mo payment rather than investor’s personal income.
Single Family
Built in 1960
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan L Arnett • Ross Real Estate Services
Mls Name: AABR
Mls Provider:
Mls ID: #59443
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.