511 W 10th StNewportKY41071
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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 Newport at 511 W 10th St, Newport, KY, 41071 listed at $160,000 pairs $1,247/mo rent with a $783/mo payment to leave $273/mo cash flow. Total monthly income runs $1,247/mo, and annual cash flow reaches $3,280/yr on $53,040 cash to close. Return on cash invested measures 26.09% in year one, and rental yield registers 9.35% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 135.95% and total cumulative return in cash totals $72,110. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,247/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41071, Newport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,761 (100%) |
| Owner Occupied HU | 4,704 (43.7%) |
| Renter Occupied HU | 4,954 (46.0%) |
| Vacant Housing Units | 1,103 (10.2%) |
| Median Home Value | $260,721 |
| Average Home Value | $296,826 |
Housing Distribution
Address Breakdown
Residential
9,864
Single Family
7,027
Multi-Family
2,837
Businesses
682
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