








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Florence at 7305 Centrecrest Ln APT G, Florence, KY, 41042 priced at $150,000 converts $1,327/mo rent into $89/mo cash flow after a $734/mo obligation. Total monthly income equals $1,327/mo, and annual cash flow totals $1,071/yr on $49,725 invested. Return on cash invested prints 22.06% in year one, and rental yield reads 10.62% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 117.18% and total cumulative return in cash sums $58,266. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,327/mo property income covering a $734/mo payment, not borrower’s personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
$325 monthly HOA
Neighborhood data shown for ZIP Code: 41042, Florence, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,664 (100%) |
| Owner Occupied HU | 13,975 (59.1%) |
| Renter Occupied HU | 8,544 (36.1%) |
| Vacant Housing Units | 1,145 ( 4.8%) |
| Median Home Value | $243,210 |
| Average Home Value | $262,135 |
Residential
22,976
Single Family
16,237
Multi-Family
6,739
Businesses
2,027
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Price change | $150,000 |
| 2025-06-05 | Price change | $170,000 |
| 2025-05-07 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-06-26 | $1218.22 | N/A | $100,300 | 12.70% |
| 2019-06-26 | $1218.22 | 85.61% | $89,000 | N/A |
| 2018-06-26 | $656.34 | 12.21% | $89,000 | N/A |



Listed by: Mike Parker • Huff Realty - Florence
Mls Name: NKMLS
Mls Provider:
Mls ID: #633727
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.