2009 Russell StCovingtonKY41014
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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 2009 Russell St, Covington, KY, 41014 uses $49,692 cash to close to unlock $2,956/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,159/mo, and a $734/mo payment keeps the spread at $246/mo. Purchase price stands at $149,900, and rental yield measures 9.28% with $1,159/mo rent. Return on cash invested shows 25.86% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 134.7% and total cumulative return in cash records $66,935. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,159/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3,049 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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