23 Park PlFort ThomasKY41075
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 Fort Thomas at 23 Park Pl, Fort Thomas, KY, 41075 generates $2,778/mo in rent and, after a $1,835/mo payment, leaves $496/mo in cash flow. Total monthly income is $2,778/mo, and annual cash flow is $5,953/yr on $124,313 invested. Return on cash invested sits at 24.7% in year one, and rental yield is 8.89% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 128.42% and total cumulative return in cash sums $159,639. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,778/mo property income rather than buyer’s personal income.
Multi Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41075, Fort Thomas, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,269 (100%) |
| Owner Occupied HU | 4,850 (66.7%) |
| Renter Occupied HU | 2,032 (28.0%) |
| Vacant Housing Units | 387 ( 5.3%) |
| Median Home Value | $335,138 |
| Average Home Value | $397,308 |
Housing Distribution
Address Breakdown
Residential
7,121
Single Family
5,723
Multi-Family
1,398
Businesses
346
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Listed by: Pete Kopf • Kopf Hunter Haas
Mls Name: NKMLS
Mls Provider:
Mls ID: #630756
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