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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Florence at 1608 Ashley Ct APT 304, Florence, KY, 41042 earns from $1,824/mo rent with a $1,248/mo payment. Total monthly income totals $1,824/mo. ROI tracks 17.72% on current figures, and rental yield reads 8.58% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 93.23% and total cumulative return in cash sums $78,812. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,824/mo property income instead of your personal income.
Condo
Built in 2002
871.20 sqft lot
$N/A/sqft
$426 monthly HOA
Neighborhood data shown for ZIP Code: 41042, Florence, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,664 (100%) |
| Owner Occupied HU | 13,975 (59.1%) |
| Renter Occupied HU | 8,544 (36.1%) |
| Vacant Housing Units | 1,145 ( 4.8%) |
| Median Home Value | $243,210 |
| Average Home Value | $262,135 |
Residential
22,976
Single Family
16,237
Multi-Family
6,739
Businesses
2,027
Date | Event | Price |
|---|---|---|
| 2025-02-19 | Price change | $255,000 |
| 2025-02-12 | Listed for sale | $260,000 |
| 2023-11-30 | Sold | $247,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-02-20 | $1272.58 | N/A | $137,800 | N/A |
| 2019-02-20 | $1272.58 | -0.92% | $137,800 | N/A |
| 2018-02-20 | $1284.41 | 32.42% | $137,800 | N/A |
Listed by: Brett Slusher • Keller Williams Realty Services
Mls Name: NKMLS
Mls Provider:
Mls ID: #629863
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.
