2280 Edenderry Dr UNIT 203Crescent SpringsKY41017
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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
Rental property for sale in Crescent Springs at 2280 Edenderry Dr UNIT 203, Crescent Springs, KY, 41017 generates $1,648/mo in rent and, after a $952/mo payment, leaves $464/mo in cash flow. Total monthly income is $1,648/mo, and annual cash flow is $5,571/yr on $64,477 invested. Return on cash invested sits at 28.55% in year one, and rental yield is 10.17% on a $194,500 entry. Equity gained on principal adds $1,255/yr, while 5% annual appreciation builds toward $53,737 over five years. Five-year ROI reaches 149.09% and total cumulative return in cash sums $96,129. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,648/mo property income rather than buyer’s personal income.
Condo
Built in 1998
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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Listed by: The Pilcher Team • Real Broker, LLC
Mls Name: NKMLS
Mls ID: #634080