1 Highland Ave #207Fort ThomasKY41075
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fort Thomas at 1 Highland Ave #207, Fort Thomas, KY, 41075 offers a 1.72% rental yield on a $960,000 purchase with $1,378/mo rent. 1% in year one. Equity gained on principal adds $6,195/yr while 5% annual appreciation supports $265,230 over five years. Portfolio math shows five-year ROI at 12.5% and total cumulative return in cash at $39,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,378/mo property income against a $4,699/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41075, Fort Thomas, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,269 (100%) |
| Owner Occupied HU | 4,850 (66.7%) |
| Renter Occupied HU | 2,032 (28.0%) |
| Vacant Housing Units | 387 ( 5.3%) |
| Median Home Value | $335,138 |
| Average Home Value | $397,308 |
Housing Distribution
Address Breakdown
Residential
7,121
Single Family
5,723
Multi-Family
1,398
Businesses
346
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Listed by: Aimee Pelletier • Sibcy Cline, REALTORS-Florence
Mls Name: NKMLS
Mls ID: #635630