166 Steelway Farm CtCrestview HillsKY41017
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 166 Steelway Farm Ct, Crestview Hills, KY, 41017 in Crestview Hills worth modelling. At $184,900 with a 10.69% gross yield, the $1,648/mo rent leaves $174/mo after the $831/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.98 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $51,084 by year five; $1,703/yr in principal reduction adds further equity. Total projected return: $103,700.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.2% |
| Monthly Cash Flow | $174 | $450 |
City averages based on Crestview Hills market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,648 |
| Total Monthly Debt Service | $1,052 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1982
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41017, Ft Mitchell, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,627 (100%) |
| Owner Occupied HU | 12,734 (72.2%) |
| Renter Occupied HU | 4,171 (23.7%) |
| Vacant Housing Units | 722 ( 4.1%) |
| Median Home Value | $345,230 |
| Average Home Value | $386,117 |
Housing Distribution
Address Breakdown
Residential
17,416
Single Family
14,438
Multi-Family
2,978
Businesses
1,241
Nearby investment properties with comparable rents
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
Condo
Built in 1982
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41017, Ft Mitchell, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,627 (100%) |
| Owner Occupied HU | 12,734 (72.2%) |
| Renter Occupied HU | 4,171 (23.7%) |
| Vacant Housing Units | 722 ( 4.1%) |
| Median Home Value | $345,230 |
| Average Home Value | $386,117 |
Housing Distribution
Address Breakdown
Residential
17,416
Single Family
14,438
Multi-Family
2,978
Businesses
1,241
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NKMLS
Mls ID: #640930