3906 Volterra Ln #306ACovingtonKY41017
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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 Covington at 3906 Volterra Ln #306A, Covington, KY, 41017 uses $124,798 cash to close to unlock $14,045/yr annual cash flow and $1,170/mo monthly cash flow. Total monthly income runs $3,718/mo, and a $1,843/mo payment keeps the spread at $1,170/mo. Purchase price stands at $376,464, and rental yield measures 11.85% with $3,718/mo rent. Return on cash invested shows 31.16% in year one, and 5% annual appreciation builds toward $104,010 over five years. Five-year ROI reaches 163.96% and total cumulative return in cash records $204,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,718/mo property income covering a $1,843/mo payment rather than investor’s personal income.
Multi Family
Built in 2025
4,791 sqft lot
$N/A/sqft
$256 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41017, Ft Mitchell, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,627 (100%) |
| Owner Occupied HU | 12,734 (72.2%) |
| Renter Occupied HU | 4,171 (23.7%) |
| Vacant Housing Units | 722 ( 4.1%) |
| Median Home Value | $345,230 |
| Average Home Value | $386,117 |
Housing Distribution
Address Breakdown
Residential
17,416
Single Family
14,438
Multi-Family
2,978
Businesses
1,241
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Listed by: Al Hencheck • HMS Real Estate
Mls Name: NKMLS
Mls Provider:
Mls ID: #633556
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