55 Blue Grass AveFort ThomasKY41075
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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
Rental property for sale in Fort Thomas at 55 Blue Grass Ave, Fort Thomas, KY, 41075 priced at $274,900 pairs $2,537/mo rent with $864/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,537/mo, and annual cash flow comes to $10,373/yr on $91,129 invested. Return on cash invested is 31.29% in year one, and rental yield stands at 11.07% on a $274,900 basis. Equity gained on principal adds $1,774/yr, and 5% annual appreciation accumulates to $75,950 by year five. Five-year ROI measures 163.78% and total cumulative return in cash reaches $149,247. For financing, Ziffy Mortgage’s DSCR program evaluates $2,537/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1922
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41075, Fort Thomas, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,269 (100%) |
| Owner Occupied HU | 4,850 (66.7%) |
| Renter Occupied HU | 2,032 (28.0%) |
| Vacant Housing Units | 387 ( 5.3%) |
| Median Home Value | $335,138 |
| Average Home Value | $397,308 |
Housing Distribution
Address Breakdown
Residential
7,121
Single Family
5,723
Multi-Family
1,398
Businesses
346
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Listed by: Peter Zimmer • Keller Williams Advisors
Mls Name: NKMLS
Mls ID: #637612