4614 Victory AveCovingtonKY41015
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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 4614 Victory Ave, Covington, KY, 41015 uses $65,969 cash to close to unlock $4,270/yr annual cash flow and $356/mo monthly cash flow. Total monthly income runs $1,567/mo, and a $974/mo payment keeps the spread at $356/mo. Purchase price stands at $199,000, and rental yield measures 9.45% with $1,567/mo rent. Return on cash invested shows 26.38% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 137.42% and total cumulative return in cash records $90,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,567/mo property income covering a $974/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: 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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