163 Central Blvd APT 63Mount WashingtonKY40047
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Nearby investment properties with comparable prices
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 Mount Washington at 163 Central Blvd APT 63, Mount Washington, KY, 40047 earns $316/mo cash flow from $1,348/mo rent with a $830/mo payment. Total monthly income totals $1,348/mo, and annual cash flow totals $3,792/yr on $56,189 capital. ROI tracks 26.66% on current figures, and rental yield reads 9.54% at a $169,500 purchase. Equity gained on principal adds $1,094/yr, and 5% annual appreciation supports $46,830 over five years. Five-year ROI reaches 139% and total cumulative return in cash sums $78,104. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,348/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40047, Mount Washington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,602 (100%) |
| Owner Occupied HU | 8,016 (83.5%) |
| Renter Occupied HU | 1,346 (14.0%) |
| Vacant Housing Units | 240 ( 2.5%) |
| Median Home Value | $307,108 |
| Average Home Value | $347,621 |
Housing Distribution
Address Breakdown
Residential
9,736
Single Family
9,574
Multi-Family
162
Businesses
497
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Listed by: Elizabeth Ohlmann • Schuler Bauer Real Estate Services ERA Powered
Mls Name: GLARMLS
Mls ID: #1702846