1660 Amsterdam RdFort WrightKY41011
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
Investment Highlights
Investment property for sale in Fort Wright at 1660 Amsterdam Rd, Fort Wright, KY, 41011 offers a 9.21% rental yield on a $367,500 purchase with $2,820/mo rent. Total monthly income registers $2,820/mo, and a $1,799/mo payment leaves $583/mo available for distribution. Annual cash flow reaches $6,997/yr on $121,826 to close, and return on cash invested stands at 25.65% in year one. Equity gained on principal adds $2,371/yr while 5% annual appreciation supports $101,533 over five years. Portfolio math shows five-year ROI at 133.55% and total cumulative return in cash at $162,696. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,820/mo property income against a $1,799/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Drapp • RE/MAX Victory + Affiliates
Mls Name: NKMLS
Mls ID: #638101