3715 Huntington AveCovingtonKY41015
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 Covington at 3715 Huntington Ave, Covington, KY, 41015 priced at $104,600 converts $2,068/mo rent into $1,431/mo cash flow after a $512/mo obligation. Total monthly income equals $2,068/mo, and annual cash flow totals $17,176/yr on $34,675 invested. Return on cash invested prints 69.44% in year one, and rental yield reads 23.72% against a $104,600 entry. Equity gained on principal adds $675/yr, while 5% annual appreciation compiles into $28,899 by year five. Five-year ROI reaches 368.42% and total cumulative return in cash sums $127,748. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,068/mo property income covering a $512/mo payment, not borrower’s personal income.
Single Family
Built in 1904
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41015, Latonia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,238 (100%) |
| Owner Occupied HU | 6,078 (65.8%) |
| Renter Occupied HU | 2,475 (26.8%) |
| Vacant Housing Units | 685 ( 7.4%) |
| Median Home Value | $234,273 |
| Average Home Value | $275,408 |
Housing Distribution
Address Breakdown
Residential
9,156
Single Family
8,244
Multi-Family
912
Businesses
406
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices