7 15th StNewportKY41071
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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 Newport at 7 15th St, Newport, KY, 41071 earns $139/mo cash flow from $1,920/mo rent with a $1,432/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $1,673/yr on $96,964 capital. ROI tracks 21.63% on current figures, and rental yield reads 7.88% at a $292,500 purchase. Equity gained on principal adds $1,887/yr, and 5% annual appreciation supports $80,812 over five years. Five-year ROI reaches 111.99% and total cumulative return in cash sums $108,585. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Single Family
Built in 1909
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41071, Newport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,761 (100%) |
| Owner Occupied HU | 4,704 (43.7%) |
| Renter Occupied HU | 4,954 (46.0%) |
| Vacant Housing Units | 1,103 (10.2%) |
| Median Home Value | $260,721 |
| Average Home Value | $296,826 |
Housing Distribution
Address Breakdown
Residential
9,864
Single Family
7,027
Multi-Family
2,837
Businesses
682
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Listed by: Bradley Cull • RE/MAX Victory + Affiliates
Mls Name: NKMLS
Mls Provider:
Mls ID: #627593
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