10553 Elderberry LnIndependenceKY41051
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 Independence at 10553 Elderberry Ln, Independence, KY, 41051 earns from $2,370/mo rent with a $1,937/mo payment. Total monthly income totals $2,370/mo. ROI tracks 19.32% on current figures, and rental yield reads 7.19% at a $395,648 purchase. Equity gained on principal adds $2,553/yr, and 5% annual appreciation supports $109,310 over five years. Five-year ROI reaches 99.65% and total cumulative return in cash sums $130,697. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,370/mo property income instead of your personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
$325 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41051, Independence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,467 (100%) |
| Owner Occupied HU | 9,379 (81.8%) |
| Renter Occupied HU | 1,783 (15.5%) |
| Vacant Housing Units | 305 ( 2.7%) |
| Median Home Value | $266,323 |
| Average Home Value | $300,312 |
Housing Distribution
Address Breakdown
Residential
11,820
Single Family
11,350
Multi-Family
470
Businesses
356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Al Hencheck • HMS Real Estate
Mls Name: NKMLS
Mls Provider:
Mls ID: #629243
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.