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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Erlanger at 765 Plum Tree Ln, Erlanger, KY, 41018 priced at $115,000 converts $864/mo rent into $164/mo cash flow after a $563/mo obligation. Total monthly income equals $864/mo, and annual cash flow totals $1,968/yr on $38,123 invested. Return on cash invested prints 25.07% in year one, and rental yield reads 9.02% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 130.37% and total cumulative return in cash sums $49,701. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $864/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1967
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41018, Erlanger, KY area.
| 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 |
Residential
11,776
Single Family
10,264
Multi-Family
1,512
Businesses
835
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bryson Warner • Huff Realty - Florence
Mls Name: NKMLS
Mls ID: #636555
