








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 1330 Hazen St, Covington, KY, 41016 priced at $219,000 converts $2,220/mo rent into $887/mo cash flow after a $1,072/mo obligation. Total monthly income equals $2,220/mo, and annual cash flow totals $10,644/yr on $72,599 invested. Return on cash invested prints 34.57% in year one, and rental yield reads 12.16% against a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation compiles into $60,506 by year five. Five-year ROI reaches 181.4% and total cumulative return in cash sums $131,697. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,220/mo property income covering a $1,072/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
0.28 Acres 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 |
|---|---|---|
| 2025-06-05 | Listed for sale | $219,000 |
| 2025-04-24 | Listing removed | $229,900 |
| 2025-03-20 | Listed for sale | $229,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-06-06 | $1025.65 | N/A | $35,000 | N/A |
| 2019-06-06 | $1025.65 | 67.35% | $35,000 | N/A |
| 2018-06-06 | $612.89 | N/A | $35,000 | 52.17% |



Listed by: William Santiago • Haven Homes Group
Mls Name: NKMLS
Mls Provider:
Mls ID: #633138
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.