205 Junction WayLudlowKY41016
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 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
Neighborhood data shown for ZIP Code: 41016, Covington, KY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,605
Single Family
2,549
Multi-Family
56
Businesses
123
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Nearby investment properties with comparable prices
Listed by: Al Hencheck • HMS Real Estate
Mls Name: NKMLS
Mls Provider:
Mls ID: #630659
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