704 Fair Oaks LnEdgewoodKY41017
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 Edgewood at 704 Fair Oaks Ln, Edgewood, KY, 41017 offers $2,274/mo rent that, after a $2,242/mo payment. Total monthly income is $2,274/mo. Return on cash invested measures 15.85% in year one, and rental yield stands at 5.96% at a $458,000 entry. Equity gained on principal adds $2,955/yr while 5% annual appreciation compounds into $126,537 by year five. Five-year ROI records 80.95% and total cumulative return in cash reaches $122,901. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,274/mo property income versus a $2,242/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41017, Ft Mitchell, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,627 (100%) |
| Owner Occupied HU | 12,734 (72.2%) |
| Renter Occupied HU | 4,171 (23.7%) |
| Vacant Housing Units | 722 ( 4.1%) |
| Median Home Value | $345,230 |
| Average Home Value | $386,117 |
Housing Distribution
Address Breakdown
Residential
17,416
Single Family
14,438
Multi-Family
2,978
Businesses
1,241
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices