Condo Investment Properties for Sale in Erlanger, KY
Fix & Flip
Listed for sale 2 days ago
$ 150,000
ROI
26.2
Cash Flow/m
270- 2 Bed
- 2 Bath
- 965 sft
160 Rough River Dr APT 1, Erlanger, KY, 41018
Listed for sale 7 days ago
$ 169,900
ROI
22.9Cash Flow/m
148- 2 Bed
- 2 Bath
- 990 sft
175 Cave Run Dr APT 10, Erlanger, KY, 41018
$ 174,900
ROI
22.1Cash Flow/m
112- 2 Bed
- 2 Bath
- 1292 sft
155 Green River Dr APT 11, Erlanger, KY, 41018
$ 179,900
ROI
21.4Cash Flow/m
82- 2 Bed
- 2 Bath
- 967 sft
150 Herrington 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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