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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 3 days ago
$ 185,000
ROI
21.0
Cash Flow/m
62- 2 Bed
- 2 Bath
- 1025 sft
125 Barren River Dr APT 6, Erlanger, KY, 41018
$ 156,000
ROI
24.5Cash Flow/m
208- 2 Bed
- 2 Bath
- 1116 sft
155 Barren River Dr APT 7, Erlanger, KY, 41018
$ 229,900
ROI
24.8Cash Flow/m
323- 2 Bed
- 2 Bath
- 1206 sft
911 Summitridge Ln, Erlanger, KY, 41018
$ 169,900
ROI
23.0Cash Flow/m
154- 2 Bed
- 2 Bath
- 1050 sft
175 Cave Run Dr APT 4, 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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