








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Fort Wright at 1233 Upland Ave, Fort Wright, KY, 41011 offers a 7.25% rental yield on a $287,000 purchase with $1,733/mo rent. 73% in year one. Equity gained on principal adds $1,852/yr while 5% annual appreciation supports $79,293 over five years. Portfolio math shows five-year ROI at 101.75% and total cumulative return in cash at $96,802. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,733/mo property income against a $1,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41011, Covington, KY area.
| 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 |
Residential
13,882
Single Family
10,041
Multi-Family
3,841
Businesses
987
Date | Event | Price |
|---|---|---|
| 2025-10-01 | Sold | $287,000 |
| 2025-09-11 | Pending sale | $299,900 |
| 2025-09-04 | Price change | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2021-10-15 | $1840.58 | -4.90% | $165,000 | N/A |
| 2020-10-15 | $1935.51 | N/A | $165,000 | 17.86% |
| 2019-10-15 | $1935.51 | 59.50% | $140,000 | N/A |



Listed by: Matthew Riley • Sibcy Cline, REALTORS-Florence
Mls Name: NKMLS
Mls Provider:
Mls ID: #635268
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.