13 Ironstone CirErlangerKY41018
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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 Erlanger at 13 Ironstone Cir, Erlanger, KY, 41018 priced at $264,000 pairs $2,100/mo rent with $493/mo cash flow after a $1,292/mo payment. Total monthly income equals $2,100/mo, and annual cash flow comes to $5,921/yr on $87,516 invested. Return on cash invested is 26.67% in year one, and rental yield stands at 9.55% on a $264,000 basis. Equity gained on principal adds $1,704/yr, and 5% annual appreciation accumulates to $72,938 by year five. Five-year ROI measures 139.03% and total cumulative return in cash reaches $121,669. For financing, Ziffy Mortgage’s DSCR program evaluates $2,100/mo property income against a $1,292/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41018, Erlanger, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,742 (100%) |
| Owner Occupied HU | 8,170 (64.1%) |
| Renter Occupied HU | 3,849 (30.2%) |
| Vacant Housing Units | 723 ( 5.7%) |
| Median Home Value | $212,771 |
| Average Home Value | $235,431 |
Housing Distribution
Address Breakdown
Residential
11,776
Single Family
10,264
Multi-Family
1,512
Businesses
835
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