6596 Summer Shade CirAlvatonKY42122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Alvaton at 6596 Summer Shade Cir, Alvaton, KY, 42122 priced at $443,900 converts $2,832/mo rent into $130/mo cash flow after a $2,173/mo obligation. Total monthly income equals $2,832/mo, and annual cash flow totals $1,560/yr on $147,153 invested. Return on cash invested prints 20.97% in year one, and rental yield reads 7.66% against a $443,900 entry. Equity gained on principal adds $2,864/yr, while 5% annual appreciation compiles into $122,641 by year five. Five-year ROI reaches 108.43% and total cumulative return in cash sums $159,551. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,832/mo property income covering a $2,173/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42122, Alvaton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,220 (100%) |
| Owner Occupied HU | 1,886 (85.0%) |
| Renter Occupied HU | 218 ( 9.8%) |
| Vacant Housing Units | 116 ( 5.2%) |
| Median Home Value | $317,523 |
| Average Home Value | $402,802 |
Housing Distribution
Address Breakdown
Residential
2,345
Single Family
2,345
Multi-Family
0
Businesses
41
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Listed by: Jamie C Peerce • RE/MAX Real Estate Executives
Mls Name: RASK
Mls Provider:
Mls ID: #RA20253362
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.