








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Erlanger at 176 McArthur Ln, Erlanger, KY, 41018 priced at $224,000 converts $1,758/mo rent into $395/mo cash flow after a $1,096/mo obligation. Total monthly income equals $1,758/mo, and annual cash flow totals $4,741/yr on $74,256 invested. Return on cash invested prints 26.29% in year one, and rental yield reads 9.42% against a $224,000 entry. Equity gained on principal adds $1,445/yr, while 5% annual appreciation compiles into $61,887 by year five. Five-year ROI reaches 137% and total cumulative return in cash sums $101,731. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,758/mo property income covering a $1,096/mo payment, not borrower’s personal income.
Single Family
Built in 1925
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41018, Erlanger, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,742 (100%) |
| Owner Occupied HU | 8,170 (64.1%) |
| Renter Occupied HU | 3,849 (30.2%) |
| Vacant Housing Units | 723 ( 5.7%) |
| Median Home Value | $212,771 |
| Average Home Value | $235,431 |
Residential
11,776
Single Family
10,264
Multi-Family
1,512
Businesses
835
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $224,000 |
| 2023-05-24 | Sold | $196,000 |
| 2023-04-24 | Pending sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-04-11 | $935.80 | N/A | $88,000 | N/A |
| 2019-04-11 | $935.80 | 14.02% | $88,000 | 10.00% |
| 2018-04-11 | $820.73 | N/A | $80,000 | N/A |



Listed by: Blue Line Property Group • Keller Williams Realty Services
Mls Name: NKMLS
Mls Provider:
Mls ID: #631190
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Listing information is deemed reliable, but not guaranteed. Copyright 2025 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.