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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 1628 Ashley Ct APT 302, Florence, KY, 41042 listed at $198,000 pairs $1,824/mo rent with a $969/mo payment to leave $619/mo cash flow. Total monthly income runs $1,824/mo, and annual cash flow reaches $7,429/yr on $65,637 cash to close. Return on cash invested measures 31.23% in year one, and rental yield registers 11.05% at a $198,000 basis. Equity gained on principal adds $1,278/yr, and annual property appreciation at 5% supports $54,704 by year five. Five-year ROI tracks 163.47% and total cumulative return in cash totals $107,296. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,824/mo property income relative to a $969/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
871.20 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Blaire Hancock • Simple Fee Realty
Mls Name: NKMLS
Mls ID: #636796
