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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Florence at 1816 Cliffview Ln, Florence, KY, 41042 at $240,000 posts ROI 28.14% with $546/mo cash flow from $2,267/mo rent. Total monthly income equals $2,267/mo, and annual cash flow records $6,552/yr on $79,560 to close. Return on cash invested measures 28.14% and rental yield reads 11.34% at the current $240,000. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 by year five. Five-year ROI prints 148.25% and total cumulative return in cash totals $117,950.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,267/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1990
871.20 sqft lot
$N/A/sqft
$260 monthly HOA
Neighborhood data shown for ZIP Code: 41042, Florence, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,664 (100%) |
| Owner Occupied HU | 13,975 (59.1%) |
| Renter Occupied HU | 8,544 (36.1%) |
| Vacant Housing Units | 1,145 ( 4.8%) |
| Median Home Value | $243,210 |
| Average Home Value | $262,135 |
Residential
22,976
Single Family
16,237
Multi-Family
6,739
Businesses
2,027
Date | Event | Price |
|---|---|---|
| 2025-04-17 | Listed for sale | $240,000 |
| 2025-04-07 | Listing removed | $254,900 |
| 2025-03-19 | Price change | $254,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-04-17 | $1418.76 | N/A | $120,000 | N/A |
| 2019-04-17 | $1418.76 | 2.50% | $120,000 | N/A |
| 2018-04-17 | $1384.20 | 5.05% | $120,000 | N/A |
Listed by: Nicole Elliott • Keller Williams Realty Services
Mls Name: NKMLS
Mls Provider:
Mls ID: #631610
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.
