29 Veterans DrHighland HeightsKY41076
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 29 Veterans Dr, Highland Heights, KY, 41076 in Highland Heights. Priced at $199,900, it generates $1,968/mo in gross rent and $751/mo in net monthly cash flow, a 11.81% yield that comfortably supports the 2.19 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,017. Five-year appreciation: $55,229. Equity from principal paydown: $1,841/yr. Total projected cumulative return: $124,058.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 8.0% |
| Monthly Cash Flow | $751 | $350 |
City averages based on Highland Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,968 |
| Total Monthly Debt Service | $1,137 |
| DSCR Ratio | 1.73x |
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 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41076, Newport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,771 (100%) |
| Owner Occupied HU | 5,539 (71.3%) |
| Renter Occupied HU | 1,911 (24.6%) |
| Vacant Housing Units | 321 ( 4.1%) |
| Median Home Value | $275,264 |
| Average Home Value | $293,103 |
Housing Distribution
Address Breakdown
Residential
7,486
Single Family
5,195
Multi-Family
2,291
Businesses
480
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 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41076, Newport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,771 (100%) |
| Owner Occupied HU | 5,539 (71.3%) |
| Renter Occupied HU | 1,911 (24.6%) |
| Vacant Housing Units | 321 ( 4.1%) |
| Median Home Value | $275,264 |
| Average Home Value | $293,103 |
Housing Distribution
Address Breakdown
Residential
7,486
Single Family
5,195
Multi-Family
2,291
Businesses
480
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NKMLS
Mls ID: #640146