








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 3386 Spruce Tree Ln, Erlanger, KY, 41018 listed at $269,000 pairs $2,100/mo rent with a $1,317/mo payment to leave $462/mo cash flow. Total monthly income runs $2,100/mo, and annual cash flow reaches $5,549/yr on $89,174 cash to close. Return on cash invested measures 26.13% in year one, and rental yield registers 9.37% at a $269,000 basis. Equity gained on principal adds $1,736/yr, and annual property appreciation at 5% supports $74,320 by year five. Five-year ROI tracks 136.12% and total cumulative return in cash totals $121,379. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,100/mo property income relative to a $1,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
7,405 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Amy Miller • Simple Fee Realty
Mls Name: NKMLS
Mls ID: #636955