1733 Eastern AveCovingtonKY41014
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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 Covington at 1733 Eastern Ave, Covington, KY, 41014 listed at $192,500 pairs $1,920/mo rent with a $942/mo payment to leave $749/mo cash flow. Total monthly income runs $1,920/mo, and annual cash flow reaches $8,983/yr on $63,814 cash to close. Return on cash invested measures 33.99% in year one, and rental yield registers 11.97% at a $192,500 basis. Equity gained on principal adds $1,242/yr, and annual property appreciation at 5% supports $53,184 by year five. Five-year ROI tracks 178.22% and total cumulative return in cash totals $113,729. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $942/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41014, Covington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,529 (100%) |
| Owner Occupied HU | 1,520 (43.1%) |
| Renter Occupied HU | 1,578 (44.7%) |
| Vacant Housing Units | 431 (12.2%) |
| Median Home Value | $182,921 |
| Average Home Value | $207,699 |
Housing Distribution
Address Breakdown
Residential
3,217
Single Family
2,952
Multi-Family
265
Businesses
101
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Listed by: Sara Mirus • eXp Realty, LLC
Mls Name: NKMLS
Mls Provider:
Mls ID: #625597
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