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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Erlanger, KY
Listed for sale 7 days ago
$ 170,000
ROI
22.5
Cash Flow/m
130- 2 Bed
- 2 Bath
- 1113 sft
145 Barren River Dr APT 4, Erlanger, KY, 41018
$ 175,000
ROI
22.0Cash Flow/m
111- 2 Bed
- 2 Bath
- 1008 sft
130 Buckhorn Ct APT 8, Erlanger, KY, 41018
$ 162,500
ROI
24.2Cash Flow/m
199- 2 Bed
- 2 Bath
- 1165 sft
129 Barren River Dr APT 9, Erlanger, KY, 41018
$ 139,900
ROI
24.3Cash Flow/m
177- 2 Bed
- 2 Bath
- 946 sft
215 Cave Run Dr 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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