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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Erlanger, KY
Motivated Seller
$ 165,000
ROI
23.1
Cash Flow/m
153- 2 Bed
- 2 Bath
- 1025 sft
125 Barren River Dr APT 6, Erlanger, KY, 41018
$ 375,000
ROI
32.0Cash Flow/m
1277- 2 Bed
- 3 Bath
- 2350 sft
957 Woodsedge Dr, Erlanger, KY, 41018
$ 212,500
ROI
20.1Cash Flow/m
19- 2 Bed
- 2 Bath
- 1135 sft
103 Kincaid Ln, Erlanger, KY, 41018
$ 172,000
ROI
21.7Cash Flow/m
95- 2 Bed
- 2 Bath
- 920 sft
130 Buckhorn Ct APT 2, Erlanger, KY, 41018
Why Invest in Erlanger, Kentucky?
Investing in condos in Erlanger, KY offers a promising opportunity with a solid rental yield and steady appreciation rates. The local market benefits from a cap rate averaging around 7%, making it attractive for income-focused investors. Erlanger's rental demand remains strong with a renter occupancy rate near 60%, supported by proximity to larger metro areas. Average cash flow per unit offers a competitive edge in the Kentucky housing market. These metrics reflect a stable economic environment suitable for condo investment.
8.5%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Erlanger is approximately 6.5%, making it a favorable option for rental income investors.
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