2209 Rolling Hills DrCovingtonKY41017
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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 Covington at 2209 Rolling Hills Dr, Covington, KY, 41017 with 5% annual appreciation on a $190,000 basis while $1,479/mo rent supports operations. Total monthly income totals $1,479/mo and a $930/mo payment preserves $323/mo for cash returns. Annual cash flow comes to $3,871/yr on $62,985 deployed, and return on cash invested reaches 26.05% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 9.34%. Five-year ROI measures 135.69% and total cumulative return in cash totals $85,464.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,479/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41017, Ft Mitchell, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,627 (100%) |
| Owner Occupied HU | 12,734 (72.2%) |
| Renter Occupied HU | 4,171 (23.7%) |
| Vacant Housing Units | 722 ( 4.1%) |
| Median Home Value | $345,230 |
| Average Home Value | $386,117 |
Housing Distribution
Address Breakdown
Residential
17,416
Single Family
14,438
Multi-Family
2,978
Businesses
1,241
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