








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 Fort Mitchell at 215 Fort Mitchell Ave APT 2, Fort Mitchell, KY, 41011 generates $2,410/mo in rent and, after a $1,659/mo payment, leaves $347/mo in cash flow. Total monthly income is $2,410/mo, and annual cash flow is $4,164/yr on $112,379 invested. Return on cash invested sits at 23.61% in year one, and rental yield is 8.53% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 122.62% and total cumulative return in cash sums $137,800. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,410/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41011, Covington, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,644 (100%) |
| Owner Occupied HU | 5,731 (36.6%) |
| Renter Occupied HU | 8,164 (52.2%) |
| Vacant Housing Units | 1,749 (11.2%) |
| Median Home Value | $310,490 |
| Average Home Value | $348,671 |
Residential
13,882
Single Family
10,041
Multi-Family
3,841
Businesses
987
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: Cindy Cahill • Cahill Real Estate Services
Mls Name: NKMLS
Mls ID: #633972