400 Hill St UNIT 403Fort ThomasKY41075
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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
Rental property for sale in Fort Thomas at 400 Hill St UNIT 403, Fort Thomas, KY, 41075 generates $1,378/mo in rent and, after a $857/mo payment, leaves $312/mo in cash flow. Total monthly income is $1,378/mo, and annual cash flow is $3,750/yr on $58,013 invested. Return on cash invested sits at 26.37% in year one, and rental yield is 9.45% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 137.4% and total cumulative return in cash sums $79,711. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,378/mo property income rather than buyer’s personal income.
Condo
Built in 2005
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41075, Fort Thomas, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,269 (100%) |
| Owner Occupied HU | 4,850 (66.7%) |
| Renter Occupied HU | 2,032 (28.0%) |
| Vacant Housing Units | 387 ( 5.3%) |
| Median Home Value | $335,138 |
| Average Home Value | $397,308 |
Housing Distribution
Address Breakdown
Residential
7,121
Single Family
5,723
Multi-Family
1,398
Businesses
346
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Listed by: Elizabeth Yeary • Coldwell Banker Realty FM
Mls Name: NKMLS
Mls ID: #638388