1614 E Crittenden AveFort WrightKY41011
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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
Investment property for sale in Fort Wright at 1614 E Crittenden Ave, Fort Wright, KY, 41011 uses $165,419 cash to close to unlock $9,580/yr annual cash flow and $798/mo monthly cash flow. Total monthly income runs $3,835/mo, and a $2,442/mo payment keeps the spread at $798/mo. Purchase price stands at $499,000, and rental yield measures 9.22% with $3,835/mo rent. Return on cash invested shows 25.7% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 133.77% and total cumulative return in cash records $221,286. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,835/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Single Family
Built in 2012
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41011, Covington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,644 (100%) |
| Owner Occupied HU | 5,731 (36.6%) |
| Renter Occupied HU | 8,164 (52.2%) |
| Vacant Housing Units | 1,749 (11.2%) |
| Median Home Value | $310,490 |
| Average Home Value | $348,671 |
Housing Distribution
Address Breakdown
Residential
13,882
Single Family
10,041
Multi-Family
3,841
Businesses
987
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Listed by: Joseph McCoy • RE/MAX Victory + Affiliates
Mls Name: NKMLS
Mls ID: #639639