7676 Ironbridge CtFlorenceKY41042
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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 Florence at 7676 Ironbridge Ct, Florence, KY, 41042 uses $79,560 cash to close to unlock $3,036/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $1,714/mo, and a $1,175/mo payment keeps the spread at $253/mo. Purchase price stands at $240,000, and rental yield measures 8.57% with $1,714/mo rent. Return on cash invested shows 23.72% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 123.16% and total cumulative return in cash records $97,982. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,714/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1978
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41042, Florence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,664 (100%) |
| Owner Occupied HU | 13,975 (59.1%) |
| Renter Occupied HU | 8,544 (36.1%) |
| Vacant Housing Units | 1,145 ( 4.8%) |
| Median Home Value | $243,210 |
| Average Home Value | $262,135 |
Housing Distribution
Address Breakdown
Residential
22,976
Single Family
16,237
Multi-Family
6,739
Businesses
2,027
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Listed by: Nathalie Mortine • eXp Realty, LLC
Mls Name: NKMLS
Mls Provider:
Mls ID: #637655
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