268 Meridian Way #8-605Fort MitchellKY41017
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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
Investment property for sale in Fort Mitchell at 268 Meridian Way #8-605, Fort Mitchell, KY, 41017 earns from $2,154/mo rent with a $2,593/mo payment. Total monthly income totals $2,154/mo. ROI tracks 10.18% on current figures, and rental yield reads 4.88% at a $529,710 purchase. Equity gained on principal adds $3,418/yr, and 5% annual appreciation supports $146,349 over five years. Five-year ROI reaches 51.39% and total cumulative return in cash sums $89,567. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,154/mo property income instead of your personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
$365 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
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Listed by: Al Hencheck • HMS Real Estate
Mls Name: NKMLS
Mls Provider:
Mls ID: #635489
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