713 Broadway 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
Rental property for sale in Irvine at 713 Broadway St, Irvine, KY, 40336 priced at $118,500 converts $900/mo rent into $179/mo cash flow after a $580/mo obligation. Total monthly income equals $900/mo, and annual cash flow totals $2,145/yr on $39,283 invested. Return on cash invested prints 25.37% in year one, and rental yield reads 9.11% against a $118,500 entry. Equity gained on principal adds $765/yr, while 5% annual appreciation compiles into $32,739 by year five. Five-year ROI reaches 132.01% and total cumulative return in cash sums $51,856. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $900/mo property income covering a $580/mo payment, not borrower’s personal income.
Single Family
Built in 1968
9,583 sqft 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: Whitney Ellis • Danny Ayres Realty & Auction
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25000732
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.