87 Watch Hill LnFort ThomasKY41071
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Fort Thomas rentals match the income profile of 87 Watch Hill Ln, Fort Thomas, KY, 41071. Listed at $100,000, gross rent is $1,860/mo and net cash flow is $1,251/mo, a 22.32% yield well above national averages. DSCR 4.13 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $27,628 by year five with $921/yr in annual principal reduction, projecting $118,373 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22.3% | 6.2% |
| Monthly Cash Flow | $1,251 | $850 |
City averages based on Fort Thomas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,860 |
| Total Monthly Debt Service | $569 |
| DSCR Ratio | 3.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
5,662 sqft 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
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
Single Family
Built in N/A
5,662 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices