7523 Devonshire DrAlexandriaKY41001
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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 Alexandria at 7523 Devonshire Dr, Alexandria, KY, 41001 uses $104,423 cash to close to unlock $13,279/yr annual cash flow and $1,107/mo monthly cash flow. Total monthly income runs $3,024/mo, and a $1,542/mo payment keeps the spread at $1,107/mo. Purchase price stands at $315,000, and rental yield measures 11.52% with $3,024/mo rent. Return on cash invested shows 32.63% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 170.91% and total cumulative return in cash records $178,469. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,024/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Condo
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41001, Alexandria, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,022 (100%) |
| Owner Occupied HU | 6,498 (81.0%) |
| Renter Occupied HU | 1,199 (14.9%) |
| Vacant Housing Units | 325 ( 4.1%) |
| Median Home Value | $313,155 |
| Average Home Value | $363,314 |
Housing Distribution
Address Breakdown
Residential
8,104
Single Family
7,649
Multi-Family
455
Businesses
385
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Listed by: The Vories Team • Keller Williams Realty Services
Mls Name: NKMLS
Mls ID: #639153