535 Cloverfield Ln APT 202, Fort Wright, KY, 41011 | $157/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

535 Cloverfield Ln APT 202, Fort Wright, KY, 41011 | $157/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1296 sft

1821 Val Ct, Burlington, KY, 41005

2 Bed
2 Bath
- sft

156 Saddlebrook Ln UNIT 371, Florence, KY, 41042

2 Bed
2 Bath
1194 sft

64 Parkside Dr, Florence, KY, 41042

3 Bed
2 Bath
1541 sft

3905 Spire Cir, Erlanger, KY, 41018

Nearby investment properties with comparable prices

3 Bed
1 Bath
840 sft

6565 Rosetta Dr, Burlington, KY, 41005

2 Bed
2 Bath
1130 sft

1546 Taramore Dr APT 203, Florence, KY, 41042

2 Bed
1 Bath
1045 sft

432 Summit Dr, Fort Mitchell, KY, 41017

2 Bed
2 Bath
1357 sft

1400 Taramore Dr APT 201, Florence, KY, 41042

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Fort Wright at 535 Cloverfield Ln APT 202, Fort Wright, KY, 41011 listed at $205,000 pairs $1,404/mo rent with a $1,003/mo payment to leave $157/mo cash flow. Total monthly income runs $1,404/mo, and annual cash flow reaches $1,881/yr on $67,958 cash to close. Return on cash invested measures 22.68% in year one, and rental yield registers 8.22% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 117.56% and total cumulative return in cash totals $79,890. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,404/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1991

N/A lot

$N/A/sqft

No HOA

More details about the property

This Ft Wright condo is ready for you! New luxury vinyl flooring throughout, new lighting and ceiling fans, fresh paint in areas throughout. The home boasts a galley style kitchen with breakfast bar and dining area. The living area with wood burning fireplace is a large open concept. Walkout from the family room or primary bedroom to your private wooded view balcony. Spacious primary bedroom with adjoining bath and walk-in closet. The second bedroom and bath adjoin and could easily be a second primary. One car detached garage. Hallway closet offers additional storage. All appliances stay! Conveniently located to I-71/75, Covington, Downtown Cincinnati and more. This has everything you need. Don't miss this opportunity!

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