907 Highland AveFort WrightKY41011
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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
Investment property for sale in Fort Wright at 907 Highland Ave, Fort Wright, KY, 41011 earns $158/mo cash flow from $1,375/mo rent with a $979/mo payment. Total monthly income totals $1,375/mo, and annual cash flow totals $1,892/yr on $66,300 capital. ROI tracks 22.76% on current figures, and rental yield reads 8.25% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 118.02% and total cumulative return in cash sums $78,248. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,375/mo property income instead of your personal income.
Single Family
Built in 1956
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41011, Covington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,644 (100%) |
| Owner Occupied HU | 5,731 (36.6%) |
| Renter Occupied HU | 8,164 (52.2%) |
| Vacant Housing Units | 1,749 (11.2%) |
| Median Home Value | $310,490 |
| Average Home Value | $348,671 |
Housing Distribution
Address Breakdown
Residential
13,882
Single Family
10,041
Multi-Family
3,841
Businesses
987
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Listed by: Tara Goetz • Fathom Realty KY LLC
Mls Name: NKMLS
Mls ID: #639155