High Yield Properties in Covington, KY (8%+ Yield) | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

High Rental Yield Investment Properties for Sale in Covington, KY

Why Invest in Covington, Kentucky?

Covington, KY offers **high rental yield** opportunities for investors seeking strong cash flow in an affordable market. Just across from Cincinnati, it provides access to a robust job market while maintaining low property prices around $210,000 and average rents near $1,350 monthly. Favorable rent-to-price ratios deliver cap rates around 7-8%, with steady 1-2% rent growth and 6%+ appreciation. Low vacancy and commuter demand from young professionals enhance reliability. Recent housing initiatives signal continued revitalization and tenant influx.

9.5%
Avg. ROI
7.8%
Rental Yield
7.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1375/mo
Avg. Rent
6.5%
1Y Appreciation

Frequently Asked Questions

Affordable median home prices around $210k paired with $1,375 average rents create strong rent-to-price ratios above 7%. Proximity to Cincinnati jobs ensures low vacancy and steady demand from commuters. Investors benefit from 6%+ appreciation and revitalization efforts.

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