Condo Investment Properties in Independence, KY | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Independence, KY

Why Invest in Independence, Kentucky?

Independence, KY offers strong opportunities for condo investors seeking steady rental income in a growing suburb of Cincinnati. The area's family-friendly environment and proximity to urban amenities drive consistent demand for condos. With a population growth from 14,982 in 2000 to 28,676 in 2020, rental yields average 6.2% and cap rates hover around 7.1%.[1][2] Appreciation has been solid at 5.8% annually, supported by low vacancy and high renter occupancy of 32%.[2] Cash flow averages $450 monthly, making it attractive for passive income strategies.

8.5%
Avg. ROI
6.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
5.8%
1Y Appreciation

Frequently Asked Questions

Yes, condos offer solid rental yields of 6.2% and cap rates around 7.1% due to population growth and Cincinnati proximity. Low vacancy supports steady cash flow. Demand from families and commuters remains strong.

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