21 Holmesdale CtCovingtonKY41014
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 Covington at 21 Holmesdale Ct, Covington, KY, 41014 offers $1,920/mo rent that, after a $1,050/mo payment, leaves $614/mo cash flow. Total monthly income is $1,920/mo, and annual cash flow is $7,371/yr on $71,138 cash. Return on cash invested measures 30.27% in year one, and rental yield stands at 10.74% at a $214,595 entry. Equity gained on principal adds $1,385/yr while 5% annual appreciation compounds into $59,289 by year five. Five-year ROI records 158.32% and total cumulative return in cash reaches $112,626. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,920/mo property income versus a $1,050/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1934
2,613 sqft 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
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Nearby investment properties with comparable prices
Listed by: Michael Smith • Haven Homes Group
Mls Name: NKMLS
Mls Provider:
Mls ID: #634482
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