550 Station DrLudlowKY41016
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
Rental property for sale in Ludlow at 550 Station Dr, Ludlow, KY, 41016 generates $2,128/mo in rent and, after a $1,407/mo payment, leaves $149/mo in cash flow. Total monthly income is $2,128/mo, and annual cash flow is $1,791/yr on $95,297 invested. Return on cash invested sits at 21.79% in year one, and rental yield is 8.88% on a $287,471 entry. Equity gained on principal adds $1,855/yr, while 5% annual appreciation builds toward $79,423 over five years. Five-year ROI reaches 113.86% and total cumulative return in cash sums $108,506. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,128/mo property income rather than buyer’s personal income.
Condo
Built in 2026
N/A lot
$N/A/sqft
$2,750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41016, Covington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,760 (100%) |
| Owner Occupied HU | 1,619 (58.7%) |
| Renter Occupied HU | 863 (31.3%) |
| Vacant Housing Units | 278 (10.1%) |
| Median Home Value | $206,004 |
| Average Home Value | $249,971 |
Housing Distribution
Address Breakdown
Residential
2,605
Single Family
2,549
Multi-Family
56
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Al Hencheck • HMS Real Estate
Mls Name: NKMLS
Mls Provider:
Mls ID: #638788
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Listing information is deemed reliable, but not guaranteed. Copyright 2026 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.