42 Concord AveFort 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
Investment property for sale in Fort Thomas at 42 Concord Ave, Fort Thomas, KY, 41075 uses $89,472 cash to close to unlock $2,092/yr annual cash flow and $174/mo monthly cash flow. Total monthly income runs $1,817/mo, and a $1,321/mo payment keeps the spread at $174/mo. Purchase price stands at $269,900, and rental yield measures 8.08% with $1,817/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 115.28% and total cumulative return in cash records $103,146. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,817/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 1924
7,840 sqft 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: Aileen Taylor • Huff Realty - Florence
Mls Name: NKMLS
Mls ID: #638802