14 Woodland Hills Dr SUITE 8NewportKY41071
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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 Newport at 14 Woodland Hills Dr SUITE 8, Newport, KY, 41071 priced at $154,000 pairs $1,232/mo rent with $294/mo cash flow after a $754/mo payment. Total monthly income equals $1,232/mo, and annual cash flow comes to $3,534/yr on $51,051 invested. Return on cash invested is 26.83% in year one, and rental yield stands at 9.6% on a $154,000 basis. Equity gained on principal adds $994/yr, and 5% annual appreciation accumulates to $42,547 by year five. Five-year ROI measures 139.89% and total cumulative return in cash reaches $71,414. For financing, Ziffy Mortgage’s DSCR program evaluates $1,232/mo property income against a $754/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1987
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41071, Newport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,761 (100%) |
| Owner Occupied HU | 4,704 (43.7%) |
| Renter Occupied HU | 4,954 (46.0%) |
| Vacant Housing Units | 1,103 (10.2%) |
| Median Home Value | $260,721 |
| Average Home Value | $296,826 |
Housing Distribution
Address Breakdown
Residential
9,864
Single Family
7,027
Multi-Family
2,837
Businesses
682
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