30 Highland Meadows Cir SUITE 7Highland HeightsKY41076
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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 Highland Heights at 30 Highland Meadows Cir SUITE 7, Highland Heights, KY, 41076 uses $52,709 cash to close to unlock $2,838/yr annual cash flow and $237/mo monthly cash flow. Total monthly income runs $1,204/mo, and a $778/mo payment keeps the spread at $237/mo. Purchase price stands at $159,000, and rental yield measures 9.09% with $1,204/mo rent. Return on cash invested shows 25.29% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 131.64% and total cumulative return in cash records $69,384. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,204/mo property income covering a $778/mo payment rather than investor’s personal income.
Condo
Built in 1992
1,070 sqft 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
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Listed by: Sarah Corbett • Berkshire Hathaway Home Services Professional Realty
Mls Name: NKMLS
Mls ID: #637742