








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 Covington at 343 Hazen St, Covington, KY, 41016 uses $85,859 cash to close to unlock $6,280/yr annual cash flow and $523/mo monthly cash flow. Total monthly income runs $2,100/mo, and a $1,268/mo payment keeps the spread at $523/mo. Purchase price stands at $259,000, and rental yield measures 9.73% with $2,100/mo rent. Return on cash invested shows 27.22% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 141.98% and total cumulative return in cash records $121,900. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,100/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 1958
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41016, Covington, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,760 (100%) |
| Owner Occupied HU | 1,619 (58.7%) |
| Renter Occupied HU | 863 (31.3%) |
| Vacant Housing Units | 278 (10.1%) |
| Median Home Value | $206,004 |
| Average Home Value | $249,971 |
Residential
2,605
Single Family
2,549
Multi-Family
56
Businesses
123
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Price change | $259,000 |
| 2025-01-24 | Listed for sale | $267,000 |
| 2023-06-07 | Sold | $240,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-02-20 | $1636.70 | N/A | $110,400 | N/A |
| 2019-02-20 | $1636.70 | 3.19% | $110,400 | N/A |
| 2018-02-20 | $1586.17 | N/A | $110,400 | 47.20% |



Listed by: Holly Maloney • eXp Realty, LLC
Mls Name: NKMLS
Mls Provider:
Mls ID: #629422
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.