9 Meadow Ln SUITE 8Highland HeightsKY41076
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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 Highland Heights at 9 Meadow Ln SUITE 8, Highland Heights, KY, 41076 offers $1,427/mo rent that, after a $896/mo payment, leaves $313/mo cash flow. Total monthly income is $1,427/mo, and annual cash flow is $3,755/yr on $60,665 cash. Return on cash invested measures 26.1% in year one, and rental yield stands at 9.36% at a $183,000 entry. Equity gained on principal adds $1,181/yr while 5% annual appreciation compounds into $50,560 by year five. Five-year ROI records 135.91% and total cumulative return in cash reaches $82,451. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,427/mo property income versus a $896/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41076, Newport, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,771 (100%) |
| Owner Occupied HU | 5,539 (71.3%) |
| Renter Occupied HU | 1,911 (24.6%) |
| Vacant Housing Units | 321 ( 4.1%) |
| Median Home Value | $275,264 |
| Average Home Value | $293,103 |
Housing Distribution
Address Breakdown
Residential
7,486
Single Family
5,195
Multi-Family
2,291
Businesses
480
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Listed by: Amy Houston • Real Broker, LLC
Mls Name: NKMLS
Mls ID: #636056