617 Bedinger StElsmereKY41018
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 Elsmere at 617 Bedinger St, Elsmere, KY, 41018 priced at $137,500 converts $1,399/mo rent into $562/mo cash flow after a $673/mo obligation. Total monthly income equals $1,399/mo, and annual cash flow totals $6,746/yr on $45,581 invested. Return on cash invested prints 34.71% in year one, and rental yield reads 12.21% against a $137,500 entry. Equity gained on principal adds $887/yr, while 5% annual appreciation compiles into $37,989 by year five. Five-year ROI reaches 182.17% and total cumulative return in cash sums $83,033. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,399/mo property income covering a $673/mo payment, not borrower’s personal income.
Single Family
Built in N/A
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41018, Erlanger, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,742 (100%) |
| Owner Occupied HU | 8,170 (64.1%) |
| Renter Occupied HU | 3,849 (30.2%) |
| Vacant Housing Units | 723 ( 5.7%) |
| Median Home Value | $212,771 |
| Average Home Value | $235,431 |
Housing Distribution
Address Breakdown
Residential
11,776
Single Family
10,264
Multi-Family
1,512
Businesses
835
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trina Rider • Keller Williams Realty Services
Mls Name: NKMLS
Mls Provider:
Mls ID: #633280
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 2025 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.