3815 Hope LnErlangerKY41018
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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
Investment Highlights
Investment property for sale in Erlanger at 3815 Hope Ln, Erlanger, KY, 41018 uses $127,594 cash to close to unlock $6,088/yr annual cash flow and $507/mo monthly cash flow. Total monthly income runs $2,850/mo, and a $1,884/mo payment keeps the spread at $507/mo. Purchase price stands at $384,900, and rental yield measures 8.89% with $2,850/mo rent. Return on cash invested shows 24.68% in year one, and 5% annual appreciation builds toward $106,341 over five years. Five-year ROI reaches 128.31% and total cumulative return in cash records $163,719. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,850/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1974
6,098 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,776
Single Family
10,264
Multi-Family
1,512
Businesses
835
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