








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 Elsmere at 1021 Pebble Creek Dr, Elsmere, KY, 41018 generates $2,203/mo in rent and, after a $1,224/mo payment, leaves $681/mo in cash flow. Total monthly income is $2,203/mo, and annual cash flow is $8,173/yr on $82,875 invested. Return on cash invested sits at 29.77% in year one, and rental yield is 10.57% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 155.65% and total cumulative return in cash sums $128,998. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,203/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41018, Erlanger, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,742 (100%) |
| Owner Occupied HU | 8,170 (64.1%) |
| Renter Occupied HU | 3,849 (30.2%) |
| Vacant Housing Units | 723 ( 5.7%) |
| Median Home Value | $212,771 |
| Average Home Value | $235,431 |
Residential
11,776
Single Family
10,264
Multi-Family
1,512
Businesses
835
Date | Event | Price |
|---|---|---|
| 2025-06-06 | Sold | $250,000 |
| 2025-05-06 | Pending sale | $249,900 |
| 2025-05-05 | Listed for sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2021-10-13 | $1325.69 | -21.31% | $120,000 | N/A |
| 2020-10-13 | $1684.62 | N/A | $120,000 | N/A |
| 2019-10-13 | $1684.62 | -1.75% | $120,000 | N/A |



Listed by: Kelly Sparks • Keller Williams Realty Services
Mls Name: NKMLS
Mls Provider:
Mls ID: #632158
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Listing information is deemed reliable, but not guaranteed. Copyright 2025 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.