517 Greenup St APT CCovingtonKY41011
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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 517 Greenup St APT C, Covington, KY, 41011 listed at $195,000 pairs $1,722/mo rent with a $954/mo payment to leave $414/mo cash flow. Total monthly income runs $1,722/mo, and annual cash flow reaches $4,963/yr on $64,643 cash to close. Return on cash invested measures 27.59% in year one, and rental yield registers 10.6% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 144.72% and total cumulative return in cash totals $93,550. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,722/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in N/A
N/A lot
$N/A/sqft
$122 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41011, Covington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,644 (100%) |
| Owner Occupied HU | 5,731 (36.6%) |
| Renter Occupied HU | 8,164 (52.2%) |
| Vacant Housing Units | 1,749 (11.2%) |
| Median Home Value | $310,490 |
| Average Home Value | $348,671 |
Housing Distribution
Address Breakdown
Residential
13,882
Single Family
10,041
Multi-Family
3,841
Businesses
987
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Listed by: Eric Wilking • Comey & Shepherd REALTORS
Mls Name: NKMLS
Mls Provider:
Mls ID: #634635
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