








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


Investment property for sale in Newport at 8 W Ridge Pl, Newport, KY, 41071 offers a 8.41% rental yield on a $209,000 purchase with $1,465/mo rent. Total monthly income registers $1,465/mo, and a $1,023/mo payment leaves $193/mo available for distribution. Annual cash flow reaches $2,315/yr on $69,284 to close, and return on cash invested stands at 23.25% in year one. Equity gained on principal adds $1,349/yr while 5% annual appreciation supports $57,743 over five years. Portfolio math shows five-year ROI at 120.6% and total cumulative return in cash at $83,558. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,465/mo property income against a $1,023/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 41071, Newport, KY area.
| 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 |
Residential
9,864
Single Family
7,027
Multi-Family
2,837
Businesses
682
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: Laura Speed • Huff Realty - Florence
Mls Name: NKMLS
Mls ID: #637830