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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% |
Rental property for sale in Florence at 10124 Carnation Ct APT 4, Florence, KY, 41042 generates $1,225/mo in rent and, after a $773/mo payment, leaves $264/mo in cash flow. Total monthly income is $1,225/mo, and annual cash flow is $3,165/yr on $52,377 invested. Return on cash invested sits at 25.95% in year one, and rental yield is 9.3% on a $158,000 entry. Equity gained on principal adds $1,020/yr, while 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 135.12% and total cumulative return in cash sums $70,774. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,225/mo property income rather than buyer’s personal income.
Condo
Built in 1997
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41042, Florence, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,664 (100%) |
| Owner Occupied HU | 13,975 (59.1%) |
| Renter Occupied HU | 8,544 (36.1%) |
| Vacant Housing Units | 1,145 ( 4.8%) |
| Median Home Value | $243,210 |
| Average Home Value | $262,135 |
Residential
22,976
Single Family
16,237
Multi-Family
6,739
Businesses
2,027
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 O'Brien • Huff Realty - Ft. Mitchell
Mls Name: NKMLS
Mls ID: #636111
