2449 Bella Rdg #405-203CovingtonKY41017
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.55 makes 2449 Bella Rdg #405-203, Covington, KY, 41017 in Covington one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.39%. The 8.39% yield, 5% annual appreciation ($78,279 over five years), and $2,609/yr in principal reduction project a total cumulative return of $106,862.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 7.2% |
| Monthly Cash Flow | $(26) | $850 |
City averages based on Covington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,980 |
| Total Monthly Debt Service | $1,894 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$282 monthly 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
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
Single Family
Built in 2024
N/A lot
$N/A/sqft
$282 monthly 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