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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Covington at 1 Roebling Way UNIT 1506, Covington, KY, 41011 listed at $975,000 pairs $2,131/mo rent with a $4,772/mo payment. Total monthly income runs $2,131/mo. Return on cash invested measures 5.83% in year one, and rental yield registers 2.62% at a $975,000 basis. Equity gained on principal adds $6,292/yr, and annual property appreciation at 5% supports $269,375 by year five. Five-year ROI tracks 27.2% and total cumulative return in cash totals $87,267. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,131/mo property income relative to a $4,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41011, Covington, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,644 (100%) |
| Owner Occupied HU | 5,731 (36.6%) |
| Renter Occupied HU | 8,164 (52.2%) |
| Vacant Housing Units | 1,749 (11.2%) |
| Median Home Value | $310,490 |
| Average Home Value | $348,671 |
Residential
13,882
Single Family
10,041
Multi-Family
3,841
Businesses
987
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michele Mamo • eXp Realty LLC
Mls Name: NKMLS
Mls ID: #635785
