26 Valeside DrCovingtonKY41017
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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 Covington at 26 Valeside Dr, Covington, KY, 41017 priced at $234,900 converts $2,274/mo rent into $844/mo cash flow after a $1,150/mo obligation. Total monthly income equals $2,274/mo, and annual cash flow totals $10,129/yr on $77,869 invested. Return on cash invested prints 32.92% in year one, and rental yield reads 11.62% against a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,899 by year five. Five-year ROI reaches 172.52% and total cumulative return in cash sums $134,337. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1984
0.30 Acres 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
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