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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 209 Junction Way, Ludlow, KY, 41016 priced at $779,510 pairs $2,400/mo rent with after a $3,815/mo payment. Total monthly income equals $2,400/mo. Return on cash invested is 9.09% in year one, and rental yield stands at 3.69% on a $779,510 basis. Equity gained on principal adds $5,030/yr, and 5% annual appreciation accumulates to $215,364 by year five. Five-year ROI measures 44.68% and total cumulative return in cash reaches $114,595. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $3,815/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
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 ID: #634416
