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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Erlanger at 308 Stevenson Rd, Erlanger, KY, 41018 at $203,500 posts ROI 25.82% with $333/mo cash flow from $1,571/mo rent. Total monthly income equals $1,571/mo, and annual cash flow records $3,990/yr on $67,460 to close. Return on cash invested measures 25.82% and rental yield reads 9.26% at the current $203,500. Equity gained on principal adds $1,313/yr, and 5% annual appreciation supports $56,223 by year five. Five-year ROI prints 134.47% and total cumulative return in cash totals $90,711.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,571/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41018, Erlanger, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,742 (100%) |
| Owner Occupied HU | 8,170 (64.1%) |
| Renter Occupied HU | 3,849 (30.2%) |
| Vacant Housing Units | 723 ( 5.7%) |
| Median Home Value | $212,771 |
| Average Home Value | $235,431 |
Residential
11,776
Single Family
10,264
Multi-Family
1,512
Businesses
835
Date | Event | Price |
|---|---|---|
| 2025-08-15 | Sold | $203,500 |
| 2025-07-24 | Pending sale | $195,000 |
| 2025-07-22 | Listed for sale | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2021-10-24 | $814.49 | -24.39% | $96,000 | N/A |
| 2020-10-24 | $1077.22 | N/A | $96,000 | N/A |
| 2019-10-24 | $1077.22 | 8.09% | $96,000 | 6.67% |
Listed by: Dustin Poe • KW Seven Hills Realty
Mls Name: NKMLS
Mls Provider:
Mls ID: #634599
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Listing information is deemed reliable, but not guaranteed. Copyright 2025 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.
