413 Baltimore 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 413 Baltimore Ave, Covington, KY, 41015 priced at $200,100 pairs $1,687/mo rent with $470/mo cash flow after a $979/mo payment. Total monthly income equals $1,687/mo, and annual cash flow comes to $5,635/yr on $66,333 invested. Return on cash invested is 28.4% in year one, and rental yield stands at 10.12% on a $200,100 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,284 by year five. Five-year ROI measures 148.27% and total cumulative return in cash reaches $98,355. For financing, Ziffy Mortgage’s DSCR program evaluates $1,687/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1913
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
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