Monticello Plan, Cityview StationLudlowKY41016
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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 Ludlow at Monticello Plan, Cityview Station, Ludlow, KY, 41016 offers a 10.78% rental yield on a $236,990 purchase with $2,128/mo rent. Total monthly income registers $2,128/mo, and a $1,160/mo payment leaves $686/mo available for distribution. Annual cash flow reaches $8,227/yr on $78,562 to close, and return on cash invested stands at 30.38% in year one. Equity gained on principal adds $1,529/yr while 5% annual appreciation supports $65,476 over five years. Portfolio math shows five-year ROI at 158.88% and total cumulative return in cash at $124,817. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,128/mo property income against a $1,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41016, Covington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,760 (100%) |
| Owner Occupied HU | 1,619 (58.7%) |
| Renter Occupied HU | 863 (31.3%) |
| Vacant Housing Units | 278 (10.1%) |
| Median Home Value | $206,004 |
| Average Home Value | $249,971 |
Housing Distribution
Address Breakdown
Residential
2,605
Single Family
2,549
Multi-Family
56
Businesses
123
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