507 Laurel StIrvineKY40336
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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 Irvine at 507 Laurel St, Irvine, KY, 40336 uses $52,377 cash to close to unlock $3,681/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $1,268/mo, and a $773/mo payment keeps the spread at $307/mo. Purchase price stands at $158,000, and rental yield measures 9.63% with $1,268/mo rent. Return on cash invested shows 26.94% in year one, and 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 140.39% and total cumulative return in cash records $73,534. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,268/mo property income covering a $773/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.26 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: Imagine MLS
Mls Provider:
Mls ID: #25005801
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.