3387 Cedar Tree Ln, Erlanger, KY, 41018 | $368/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3387 Cedar Tree Ln, Erlanger, KY, 41018 | $368/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Erlanger at 3387 Cedar Tree Ln, Erlanger, KY, 41018 generates $1,554/mo in rent and, after a $954/mo payment, leaves $368/mo in cash flow. Total monthly income is $1,554/mo, and annual cash flow is $4,411/yr on $64,643 invested. Return on cash invested sits at 26.73% in year one, and rental yield is 9.56% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 139.32% and total cumulative return in cash sums $90,058. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,554/mo property income rather than buyer’s personal income.

Single Family

Built in 1963

9,867 sqft lot

$N/A/sqft

No HOA

More details about the property

Very nice 3 bed 1 bath family home with full basement. Master bed has two walk-in closets. One was started as a half-bath but never had plumbing completed. Full bath on main floor with nice sized closet. Living room and hall has carpet over hardwood floor. Bedrooms are hardwood flooring. Laundry is in basement. The full basement is mostly unfinished, but has 2 rooms built in it. 1 large room would be great for a play or game room. The other room is a small storage area under the stairs. The back yard is fully fenced and has a large covered deck with a ceiling fan and a storage shed. The HVAC system was updated within the last 5 years and the roof within the last 10 years (to the best of my knowledge) House is structurally sound, just needs cosmetic updates. Would make a great started home for a young family.

Neighborhood Data

Neighborhood data shown for ZIP Code: 41018, Erlanger, KY area.

Housing Distribution

Housing Statistics

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