1143 Cecelia AvePark HillsKY41011
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 1143 Cecelia Ave, Park Hills, KY, 41011 in Park Hills is narrow, $109/mo net on $1,994/mo rent after the $1,360/mo debt service, but the property operates at break-even-plus, not a loss. At $302,500 with a 7.72% yield, the long-run equity case via 5% appreciation ($83,575 over five years) and $2,786/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.47 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $124,449.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 8.0% |
| Monthly Cash Flow | $109 | $350 |
City averages based on Park Hills market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,994 |
| Total Monthly Debt Service | $1,721 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1942
6,534 sqft lot
$N/A/sqft
No 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
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
Single Family
Built in 1942
6,534 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darrell Lewis • DIYFlatFee.com
Mls Name: NKMLS
Mls Provider:
Mls ID: #638790