5051 King Richard CtAshlandKY41101
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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 5051 King Richard Ct, Ashland, KY, 41101 at $350,000 posts ROI 40.27% with $1,969/mo cash flow from $4,099/mo rent. Total monthly income equals $4,099/mo, and annual cash flow records $23,627/yr on $116,025 to close. Return on cash invested measures 40.27% and rental yield reads 14.05% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 211.9% and total cumulative return in cash totals $245,858.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,099/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.63 Acres 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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Listed by: Ashley Marcum • RE/MAX Realty Connection, LLC
Mls Name: AABR
Mls Provider:
Mls ID: #58921
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.