1032 Emery DrFort WrightKY41011
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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
Rental property for sale in Fort Wright at 1032 Emery Dr, Fort Wright, KY, 41011 priced at $177,000 converts $1,620/mo rent into $343/mo cash flow after a $866/mo obligation. Total monthly income equals $1,620/mo, and annual cash flow totals $4,117/yr on $58,676 invested. Return on cash invested prints 26.93% in year one, and rental yield reads 10.98% against a $177,000 entry. Equity gained on principal adds $1,142/yr, while 5% annual appreciation compiles into $48,902 by year five. Five-year ROI reaches 141.89% and total cumulative return in cash sums $83,255. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $866/mo payment, not borrower’s personal income.
Townhouse
Built in 1986
435.60 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41011, Covington, KY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,882
Single Family
10,041
Multi-Family
3,841
Businesses
987
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Listed by: Curt Curley • Huff Realty - Florence
Mls Name: NKMLS
Mls Provider:
Mls ID: #625621
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