529 Beaumont CtFort WrightKY41011
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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
Rental property for sale in Fort Wright at 529 Beaumont Ct, Fort Wright, KY, 41011 priced at $406,000 converts $2,774/mo rent into $303/mo cash flow after a $1,987/mo obligation. Total monthly income equals $2,774/mo, and annual cash flow totals $3,638/yr on $134,589 invested. Return on cash invested prints 22.61% in year one, and rental yield reads 8.2% against a $406,000 entry. Equity gained on principal adds $2,620/yr, while 5% annual appreciation compiles into $112,170 by year five. Five-year ROI reaches 117.23% and total cumulative return in cash sums $157,780. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,774/mo property income covering a $1,987/mo payment, not borrower’s personal income.
Single Family
Built in 1986
0.36 Acres lot
$N/A/sqft
No 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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