104 Spindle Top LnFort ThomasKY41075
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 104 Spindle Top Ln, Fort Thomas, KY, 41075 with 5% annual appreciation on a $172,000 basis while $2,234/mo rent supports operations. Total monthly income totals $2,234/mo and a $842/mo payment preserves $837/mo for cash returns. Annual cash flow comes to $10,044/yr on $57,018 deployed, and return on cash invested reaches 37.53% in year one. Equity gained on principal adds $1,110/yr, and five-year appreciation sums $47,520 alongside rental yield of 15.59%. Five-year ROI measures 199.94% and total cumulative return in cash totals $114,001.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,234/mo property income versus a $842/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1988
N/A lot
$N/A/sqft
$350 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelli Redwine • Keller Williams Realty Services
Mls Name: NKMLS
Mls Provider:
Mls ID: #607774
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.