








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 Burlington at 2316 Sawmill Ct APT 206, Burlington, KY, 41005 generates $1,172/mo in rent, after a $729/mo payment. Total monthly income is $1,172/mo. Return on cash invested sits at 17.9% in year one, and rental yield is 9.44% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 95.05% and total cumulative return in cash sums $46,948. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,172/mo property income rather than buyer’s personal income.
Condo
Built in N/A
435.60 sqft lot
$N/A/sqft
$348 monthly HOA
Neighborhood data shown for ZIP Code: 41005, Burlington, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,618 (100%) |
| Owner Occupied HU | 7,263 (75.5%) |
| Renter Occupied HU | 1,954 (20.3%) |
| Vacant Housing Units | 401 ( 4.2%) |
| Median Home Value | $282,376 |
| Average Home Value | $325,137 |
Residential
9,248
Single Family
8,080
Multi-Family
1,168
Businesses
392
Date | Event | Price |
|---|---|---|
| 2025-08-15 | Listed for sale | $149,000 |
| 2025-08-02 | Listing removed | $152,000 |
| 2025-07-21 | Price change | $152,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-08-18 | $1157.82 | N/A | $95,000 | 21.02% |
| 2019-08-18 | $1157.82 | 20.25% | $78,500 | N/A |
| 2018-08-18 | $962.84 | 43.40% | $78,500 | 33.05% |



Listed by: Jonathan Price • Coldwell Banker Realty
Mls Name: NKMLS
Mls Provider:
Mls ID: #635370
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Listing information is deemed reliable, but not guaranteed. Copyright 2025 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.