515 Berry AveBellevueKY41073
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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 Bellevue at 515 Berry Ave, Bellevue, KY, 41073 generates $1,560/mo in rent and, after a $905/mo payment, leaves $435/mo in cash flow. Total monthly income is $1,560/mo, and annual cash flow is $5,214/yr on $61,328 invested. Return on cash invested sits at 28.41% in year one, and rental yield is 10.12% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 148.34% and total cumulative return in cash sums $90,975. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41073, Bellevue, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,979 (100%) |
| Owner Occupied HU | 1,911 (64.1%) |
| Renter Occupied HU | 842 (28.3%) |
| Vacant Housing Units | 226 ( 7.6%) |
| Median Home Value | $228,906 |
| Average Home Value | $278,040 |
Housing Distribution
Address Breakdown
Residential
2,927
Single Family
2,770
Multi-Family
157
Businesses
190
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