Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Covington at 1316 Hazen St, Covington, KY, 41016 generates $2,400/mo in rent and, after a $685/mo payment, leaves $1,548/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $18,578/yr on $46,410 invested. Return on cash invested sits at 59.94% in year one, and rental yield is 20.57% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 317.46% and total cumulative return in cash sums $147,334. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41016, Covington, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,760 (100%) |
| Owner Occupied HU | 1,619 (58.7%) |
| Renter Occupied HU | 863 (31.3%) |
| Vacant Housing Units | 278 (10.1%) |
| Median Home Value | $206,004 |
| Average Home Value | $249,971 |
Residential
2,605
Single Family
2,549
Multi-Family
56
Businesses
123
Date | Event | Price |
|---|---|---|
| 2024-08-28 | Listed for sale | $140,000 |
| 2009-11-05 | Sold | $39,000 |
| 2000-11-13 | Sold | $32,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-09-13 | $794.39 | N/A | $39,000 | N/A |
| 2019-09-13 | $794.39 | 17.80% | $39,000 | N/A |
| 2018-09-13 | $674.36 | N/A | $39,000 | N/A |
Listed by: Kyle Sticklen • Sibcy Cline, REALTORS-Florence
Mls Name: NKMLS
Mls Provider:
Mls ID: #626016
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 2023 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.
