5370 Skyline DrHighland heightsKY41076
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Highland heights at 5370 Skyline Dr, Highland heights, KY, 41076 uses $89,505 cash to close to unlock $3,891/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $1,968/mo, and a $1,322/mo payment keeps the spread at $324/mo. Purchase price stands at $270,000, and rental yield measures 8.75% with $1,968/mo rent. Return on cash invested shows 24.26% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 126.05% and total cumulative return in cash records $112,825. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,968/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41076, Newport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,771 (100%) |
| Owner Occupied HU | 5,539 (71.3%) |
| Renter Occupied HU | 1,911 (24.6%) |
| Vacant Housing Units | 321 ( 4.1%) |
| Median Home Value | $275,264 |
| Average Home Value | $293,103 |
Housing Distribution
Address Breakdown
Residential
7,486
Single Family
5,195
Multi-Family
2,291
Businesses
480
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Listed by: Mitchell Light • Huff Realty - CC
Mls Name: NKMLS
Mls Provider:
Mls ID: #633704
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