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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% |
Rental property for sale in Ludlow at 205 Junction Way, Ludlow, KY, 41016 priced at $979,983 pairs $2,220/mo rent with after a $4,797/mo payment. Total monthly income equals $2,220/mo. Return on cash invested is 5.92% in year one, and rental yield stands at 2.72% on a $979,983 basis. Equity gained on principal adds $6,324/yr, and 5% annual appreciation accumulates to $270,751 by year five. Five-year ROI measures 27.75% and total cumulative return in cash reaches $89,455. For financing, Ziffy Mortgage’s DSCR program evaluates $2,220/mo property income against a $4,797/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood data shown for ZIP Code: 41016, Covington, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,760 (100%) |
| Owner Occupied HU | 1,619 (58.7%) |
| Renter Occupied HU | 863 (31.3%) |
| Vacant Housing Units | 278 (10.1%) |
| Median Home Value | $206,004 |
| Average Home Value | $249,971 |
Residential
2,605
Single Family
2,549
Multi-Family
56
Businesses
123
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $979,983 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Al Hencheck • HMS Real Estate
Mls Name: NKMLS
Mls Provider:
Mls ID: #630659
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.
