370 Bellpointe CmnsBellevueKY41073
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Bellevue at 370 Bellpointe Cmns, Bellevue, KY, 41073 priced at $164,900 pairs $1,708/mo rent with $380/mo cash flow after a $807/mo payment. Total monthly income equals $1,708/mo, and annual cash flow comes to $4,566/yr on $54,664 invested. Return on cash invested is 28.26% in year one, and rental yield stands at 12.43% on a $164,900 basis. Equity gained on principal adds $1,064/yr, and 5% annual appreciation accumulates to $45,559 by year five. Five-year ROI measures 150.14% and total cumulative return in cash reaches $82,072. For financing, Ziffy Mortgage’s DSCR program evaluates $1,708/mo property income against a $807/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
$324 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41073, Bellevue, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,979 (100%) |
| Owner Occupied HU | 1,911 (64.1%) |
| Renter Occupied HU | 842 (28.3%) |
| Vacant Housing Units | 226 ( 7.6%) |
| Median Home Value | $228,906 |
| Average Home Value | $278,040 |
Housing Distribution
Address Breakdown
Residential
2,927
Single Family
2,770
Multi-Family
157
Businesses
190
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Listed by: Shelley Helton • eXp Realty, LLC
Mls Name: NKMLS
Mls Provider:
Mls ID: #624288
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 2023 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.