27 Thompson AveFort 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
Rental property for sale in Fort Mitchell at 27 Thompson Ave, Fort Mitchell, KY, 41017 priced at $300,000 pairs $1,980/mo rent with $155/mo cash flow after a $1,468/mo payment. Total monthly income equals $1,980/mo, and annual cash flow comes to $1,854/yr on $99,450 invested. Return on cash invested is 21.77% in year one, and rental yield stands at 7.92% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 112.71% and total cumulative return in cash reaches $112,092. For financing, Ziffy Mortgage’s DSCR program evaluates $1,980/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
7,405 sqft 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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Listed by: Susan Huff • Huff Realty - Florence
Mls Name: NKMLS
Mls ID: #636576