72 View Terrace Dr SUITE 7SouthgateKY41071
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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
Rental property for sale in Southgate at 72 View Terrace Dr SUITE 7, Southgate, KY, 41071 priced at $154,900 pairs $1,184/mo rent with $241/mo cash flow after a $758/mo payment. Total monthly income equals $1,184/mo, and annual cash flow comes to $2,897/yr on $51,349 invested. Return on cash invested is 25.55% in year one, and rental yield stands at 9.17% on a $154,900 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,796 by year five. Five-year ROI measures 133.01% and total cumulative return in cash reaches $68,300. For financing, Ziffy Mortgage’s DSCR program evaluates $1,184/mo property income against a $758/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1988
0.39 Acres 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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