448 N Madison AveIrvineKY40336
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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 Irvine at 448 N Madison Ave, Irvine, KY, 40336 priced at $215,000 converts $1,718/mo rent into $410/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,718/mo, and annual cash flow totals $4,917/yr on $71,273 invested. Return on cash invested prints 26.81% in year one, and rental yield reads 9.59% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 139.7% and total cumulative return in cash sums $99,565. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,718/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Manufactured
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40336, Irvine, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,197 (100%) |
| Owner Occupied HU | 3,806 (61.4%) |
| Renter Occupied HU | 1,492 (24.1%) |
| Vacant Housing Units | 899 (14.5%) |
| Median Home Value | $118,517 |
| Average Home Value | $142,337 |
Housing Distribution
Address Breakdown
Residential
6,010
Single Family
5,959
Multi-Family
51
Businesses
315
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Listed by: Shayne Puckett • Trifecta Real Estate Experts
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24008462
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.