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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Covington at 2474 Cetona Way #407-304, Covington, KY, 41017 generates $1,648/mo in rent, after a $1,567/mo payment. Total monthly income is $1,648/mo. Return on cash invested sits at 13.8% in year one, and rental yield is 6.18% on a $320,099 entry. Equity gained on principal adds $2,066/yr, while 5% annual appreciation builds toward $88,437 over five years. Five-year ROI reaches 70.93% and total cumulative return in cash sums $75,262. 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 2025
N/A lot
$N/A/sqft
$240 monthly HOA
Neighborhood data shown for ZIP Code: 41017, Ft Mitchell, KY area.
| 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 |
Residential
17,416
Single Family
14,438
Multi-Family
2,978
Businesses
1,241
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $320,099 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Al Hencheck • HMS Real Estate
Mls Name: NKMLS
Mls Provider:
Mls ID: #630678
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.
