650 Gartrell StAshlandKY41101
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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 Ashland at 650 Gartrell St, Ashland, KY, 41101 priced at $149,900 pairs $1,424/mo rent with $511/mo cash flow after a $734/mo payment. Total monthly income equals $1,424/mo, and annual cash flow comes to $6,136/yr on $49,692 invested. Return on cash invested is 32.26% in year one, and rental yield stands at 11.4% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 168.99% and total cumulative return in cash reaches $83,975. For financing, Ziffy Mortgage’s DSCR program evaluates $1,424/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1928
6,250 sqft 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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