820 Sweet Lick RdIrvineKY40336
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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 Irvine at 820 Sweet Lick Rd, Irvine, KY, 40336 uses $149,009 cash to close to unlock $6,112/yr annual cash flow and $509/mo monthly cash flow. Total monthly income runs $3,245/mo, and a $2,200/mo payment keeps the spread at $509/mo. Purchase price stands at $449,500, and rental yield measures 8.66% with $3,245/mo rent. Return on cash invested shows 24.01% in year one, and 5% annual appreciation builds toward $124,189 over five years. Five-year ROI reaches 124.72% and total cumulative return in cash records $185,849. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,245/mo property income covering a $2,200/mo payment rather than investor’s personal income.
Single Family
Built in 1983
3.47 Acres 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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