2435 Rolling Hills DrCovingtonKY41017
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
Investment property for sale in Covington at 2435 Rolling Hills Dr, Covington, KY, 41017 uses $67,958 cash to close to unlock $1,965/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $1,411/mo, and a $1,003/mo payment keeps the spread at $164/mo. Purchase price stands at $205,000, and rental yield measures 8.26% with $1,411/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 118.19% and total cumulative return in cash records $80,322. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,411/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Condo
Built in 2014
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices