2038 Greenup StCovingtonKY41014
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
Investment property for sale in Covington at 2038 Greenup St, Covington, KY, 41014 listed at $190,000 pairs $2,218/mo rent with a $930/mo payment to leave $1,062/mo cash flow. Total monthly income runs $2,218/mo, and annual cash flow reaches $12,739/yr on $62,985 cash to close. Return on cash invested measures 40.13% in year one, and rental yield registers 14.01% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 211.19% and total cumulative return in cash totals $133,020. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,218/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Huff • Huff Realty - Florence
Mls Name: NKMLS
Mls Provider:
Mls ID: #621422
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.