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 Independence at 1383 Meadowcrest Cir, Independence, KY, 41051 offers $2,370/mo rent that, after a $1,630/mo payment, leaves $302/mo cash flow. Total monthly income is $2,370/mo, and annual cash flow is $3,626/yr on $110,390 cash. Return on cash invested measures 23.19% in year one, and rental yield stands at 8.54% at a $333,000 entry. Equity gained on principal adds $2,149/yr while 5% annual appreciation compounds into $92,002 by year five. Five-year ROI records 120.53% and total cumulative return in cash reaches $133,049. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,370/mo property income versus a $1,630/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
7,840 sqft lot
$N/A/sqft
$492 annually HOA
Neighborhood data shown for ZIP Code: 41051, Independence, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,467 (100%) |
| Owner Occupied HU | 9,379 (81.8%) |
| Renter Occupied HU | 1,783 (15.5%) |
| Vacant Housing Units | 305 ( 2.7%) |
| Median Home Value | $266,323 |
| Average Home Value | $300,312 |
Residential
11,820
Single Family
11,350
Multi-Family
470
Businesses
356
Date | Event | Price |
|---|---|---|
| 2025-02-20 | Listed for sale | $333,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Laura Meiners • BF Realty
Mls Name: NKMLS
Mls Provider:
Mls ID: #630003
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.
