9292 Hawksridge DrCovingtonKY41017
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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 Covington at 9292 Hawksridge Dr, Covington, KY, 41017 uses $100,445 cash to close to unlock $13,535/yr annual cash flow and $1,128/mo monthly cash flow. Total monthly income runs $2,972/mo, and a $1,483/mo payment keeps the spread at $1,128/mo. Purchase price stands at $303,000, and rental yield measures 11.77% with $2,972/mo rent. Return on cash invested shows 33.38% in year one, and 5% annual appreciation builds toward $83,713 over five years. Five-year ROI reaches 174.96% and total cumulative return in cash records $175,734. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,972/mo property income covering a $1,483/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41017, Ft Mitchell, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,627 (100%) |
| Owner Occupied HU | 12,734 (72.2%) |
| Renter Occupied HU | 4,171 (23.7%) |
| Vacant Housing Units | 722 ( 4.1%) |
| Median Home Value | $345,230 |
| Average Home Value | $386,117 |
Housing Distribution
Address Breakdown
Residential
17,416
Single Family
14,438
Multi-Family
2,978
Businesses
1,241
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Listed by: Marsha Bell • Coldwell Banker Realty FM
Mls Name: NKMLS
Mls Provider:
Mls ID: #635029
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