2060 Augusta Minerva RdAugustaKY41002
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 Augusta at 2060 Augusta Minerva Rd, Augusta, KY, 41002 listed at $175,000 pairs $1,873/mo rent with a $857/mo payment to leave $807/mo cash flow. Total monthly income runs $1,873/mo, and annual cash flow reaches $9,690/yr on $58,013 cash to close. Return on cash invested measures 36.61% in year one, and rental yield registers 12.84% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 192.32% and total cumulative return in cash totals $111,571. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,873/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2002
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41002, Augusta, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,183 (100%) |
| Owner Occupied HU | 724 (61.2%) |
| Renter Occupied HU | 323 (27.3%) |
| Vacant Housing Units | 136 (11.5%) |
| Median Home Value | $129,545 |
| Average Home Value | $230,010 |
Housing Distribution
Address Breakdown
Residential
1,081
Single Family
1,057
Multi-Family
24
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TJ Burton • Poe's Realty & Auction
Mls Name: NKMLS
Mls Provider:
Mls ID: #634235
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.