19 16th StNewportKY41071
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
Rental property for sale in Newport at 19 16th St, Newport, KY, 41071 generates $2,494/mo in rent and, after a $1,162/mo payment, leaves $1,049/mo in cash flow. Total monthly income is $2,494/mo, and annual cash flow is $12,588/yr on $78,731 invested. Return on cash invested sits at 35.9% in year one, and rental yield is 12.6% on a $237,500 entry. Equity gained on principal adds $1,533/yr, while 5% annual appreciation builds toward $65,617 over five years. Five-year ROI reaches 188.43% and total cumulative return in cash sums $148,353. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,494/mo property income rather than buyer’s personal income.
Single Family
Built in 1909
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41071, Newport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,761 (100%) |
| Owner Occupied HU | 4,704 (43.7%) |
| Renter Occupied HU | 4,954 (46.0%) |
| Vacant Housing Units | 1,103 (10.2%) |
| Median Home Value | $260,721 |
| Average Home Value | $296,826 |
Housing Distribution
Address Breakdown
Residential
9,864
Single Family
7,027
Multi-Family
2,837
Businesses
682
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robyn Feld • Pivot Realty Group
Mls Name: NKMLS
Mls Provider:
Mls ID: #637893
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.