130 Pine Lake Dr APT 2, Erlanger, KY, 41018 | $353/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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130 Pine Lake Dr APT 2, Erlanger, KY, 41018 | $353/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Erlanger at 130 Pine Lake Dr APT 2, Erlanger, KY, 41018 uses $59,637 cash to close to unlock $4,231/yr annual cash flow and $353/mo monthly cash flow. Total monthly income runs $1,448/mo, and a $881/mo payment keeps the spread at $353/mo. Purchase price stands at $179,900, and rental yield measures 9.66% with $1,448/mo rent. Return on cash invested shows 27% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 140.79% and total cumulative return in cash records $83,961. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,448/mo property income covering a $881/mo payment rather than investor’s personal income.

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover the perfect blend of comfort and modern updates in this beautifully renovated 2-bedroom, 2-bath home offering true no-step living. From the moment you walk in, you'll notice the fresh, inviting feel with new flooring throughout, fresh paint, and updated lighting fixtures. The kitchen features granite countertops, new appliances, and a new washer and dryermaking everyday life effortless. New door hardware and a new patio door add to the home's refreshed look and feel. The spacious primary suite includes a private en suite bath and a walk-in closet for all your storage needs. Relax and unwind year-round in the screened-in patio, perfect for morning coffee or evening gatherings. With modern finishes and thoughtful upgrades throughout, this move-in ready home makes single-level living easy.

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