








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Independence at 4183 Elmwood Ct APT 21, Independence, KY, 41051 earns $239/mo cash flow from $1,106/mo rent with a $697/mo payment. Total monthly income totals $1,106/mo, and annual cash flow totals $2,870/yr on $47,239 capital. ROI tracks 25.99% on current figures, and rental yield reads 9.31% at a $142,500 purchase. Equity gained on principal adds $920/yr, and 5% annual appreciation supports $39,370 over five years. Five-year ROI reaches 135.38% and total cumulative return in cash sums $63,951. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,106/mo property income instead of your personal income.
Condo
Built in 1984
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41051, Independence, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,467 (100%) |
| Owner Occupied HU | 9,379 (81.8%) |
| Renter Occupied HU | 1,783 (15.5%) |
| Vacant Housing Units | 305 ( 2.7%) |
| Median Home Value | $266,323 |
| Average Home Value | $300,312 |
Residential
11,820
Single Family
11,350
Multi-Family
470
Businesses
356
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Andrew Lovett • Cahill Real Estate Services
Mls Name: NKMLS
Mls ID: #637869