Real Estate Investment Properties for Sale in Erlanger, KY

Looking for investment property in Erlanger, KY with high ROI ?

Explore a variety of short-term homes & houses in Erlanger, KY. Invest wisely with VRBO & Erlanger, KY Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Erlanger, KY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
800 Buck Court Erlanger, KY Stunning 2-Story Brick Home in Prime Cul-de-Sac Location - Checks All the Boxes! Beauti...	4 beds \| 4 baths \| 3,220 sq.ft.	$524,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 4.76% Airbnb Rental Income: $2035 Traditional Rental Income: $3337 Airbnb ROI: 1.03% Traditional ROI: 4.76%
859 Lakerun Lane Erlanger, KY Welcome to this stunning Dress Ashton floor plan in the sought-after Lakemont community! B...	4 beds \| N/A baths \| N/A	$490,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 2.74% Airbnb Rental Income: $2035 Traditional Rental Income: $2255 Airbnb ROI: 1.11% Traditional ROI: 2.74%
3905 Spire Circle Erlanger, KY Attention bargain hunters! 3 bedroom condo with direct access from your garage straight in...	3 beds \| 2 baths \| 1,541 sq.ft.	$179,900	Airbnb cash on cash: 2.99% Traditional cash on cash: 8.69% Airbnb Rental Income: $1714 Traditional Rental Income: $2214 Airbnb ROI: 2.99% Traditional ROI: 8.69%
3969 Loftyview Place Erlanger, KY Beautiful 2-bedroom, 2.5-bath condo with finished basement and 2-car garage. Features incl...	2 beds \| N/A baths \| 1,349 sq.ft.	$350,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 2.04% Airbnb Rental Income: $1496 Traditional Rental Income: $1719 Airbnb ROI: 0.03% Traditional ROI: 2.04%
3304 Elizabeth Street Erlanger, KY This 2-bedroom, 1-bath home sits on a corner lot just minutes from all your favorite spots...	2 beds \| 1 baths \| 1,068 sq.ft.	$175,000	Airbnb cash on cash: 3.94% Traditional cash on cash: 7.74% Airbnb Rental Income: $1496 Traditional Rental Income: $1691 Airbnb ROI: 3.94% Traditional ROI: 7.74%
3915 Rankin Drive Erlanger, KY Stunning Mid-Century Modern Brick Ranch - Fully Renovated! Welcome to this breathtakin...	4 beds \| 2 baths \| 1,188 sq.ft.	$315,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 3.91% Airbnb Rental Income: $2035 Traditional Rental Income: $1801 Airbnb ROI: 2.92% Traditional ROI: 3.91%
3402 Southway Ridge Erlanger, KY Simply Spectacular! One of a Kind Drees Anniversary Home w Modern Smart Technology & Extra...	3 beds \| 4 baths \| 3,570 sq.ft.	$739,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.04% Airbnb Rental Income: $1714 Traditional Rental Income: $2848 Airbnb ROI: -0.3% Traditional ROI: 2.04%
913 Summitridge Lane Erlanger, KY Come live the life in Lakemont~ Imagine pulling right into your garage and stepping dire...	3 beds \| 2 baths \| 1,599 sq.ft.	$259,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 3.23% Airbnb Rental Income: $1714 Traditional Rental Income: $1690 Airbnb ROI: 1.39% Traditional ROI: 3.23%
3947 Ashmont Drive Erlanger, KY Former Drees model home with approximately 3200 sq ft of finished living space across 3 le...	4 beds \| 4 baths \| 3,246 sq.ft.	$515,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 4.87% Airbnb Rental Income: $2035 Traditional Rental Income: $3386 Airbnb ROI: 0.97% Traditional ROI: 4.87%
3151 Woodward Street Erlanger, KY Brick ranch - 3 BR, 1 BA - 1 car garage - Large fenced backyard -. HDWD floors under carpe...	3 beds \| 1 baths \| 1,080 sq.ft.	$170,000	Airbnb cash on cash: 5.22% Traditional cash on cash: 6.45% Airbnb Rental Income: $1714 Traditional Rental Income: $1439 Airbnb ROI: 5.22% Traditional ROI: 6.45%
120 Buckhorn Court #6 Erlanger, KY What a great 2 bedroom, 2 bath condo! Move-in ready! Second floor condo with screened in b...	2 beds \| 2 baths \| 985 sq.ft.	$157,500	Airbnb cash on cash: 2.6% Traditional cash on cash: 4.62% Airbnb Rental Income: $1496 Traditional Rental Income: $1362 Airbnb ROI: 2.6% Traditional ROI: 4.62%
307 Center Street Erlanger, KY BEST IN SHOW! Solid Brick RanchHardwood FloorsNothing to do but move in*Totally remodele...	3 beds \| 2 baths \| 1,408 sq.ft.	$269,900	Airbnb cash on cash: 3.16% Traditional cash on cash: 5.63% Airbnb Rental Income: $1714 Traditional Rental Income: $1866 Airbnb ROI: 3.16% Traditional ROI: 5.63%
176 Mcarthur Lane Erlanger, KY Charming 3 bedroom home in the heart of Erlanger. This cozy residence features a welcomin...	3 beds \| 2 baths \| 1,275 sq.ft.	$224,000	Airbnb cash on cash: 4.06% Traditional cash on cash: 3.21% Airbnb Rental Income: $1714 Traditional Rental Income: $1059 Airbnb ROI: 4.06% Traditional ROI: 3.21%
3437 Cascade Court Erlanger, KY 3 Bedroom Tri-Level with fenced yard, storage shed and deck located on CDS. Built-in shel...	3 beds \| 1 baths \| 936 sq.ft.	$217,000	Airbnb cash on cash: 3.72% Traditional cash on cash: 4.01% Airbnb Rental Income: $1714 Traditional Rental Income: $1299 Airbnb ROI: 3.72% Traditional ROI: 4.01%
3917 Rankin Drive Erlanger, KY Convenient Main Level Living Offering an Open Plan & Fenced-in Yard with Extended Patio. N...	3 beds \| 2 baths \| 1,242 sq.ft.	$249,900	Airbnb cash on cash: 3% Traditional cash on cash: 5.06% Airbnb Rental Income: $1714 Traditional Rental Income: $1725 Airbnb ROI: 3% Traditional ROI: 5.06%
811 Rudolph Way Erlanger, KY This Custom Built Home by True North Design Build, LLC will feature quality craftsmanship ...	4 beds \| 3 baths \| N/A	$569,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 2.07% Airbnb Rental Income: $2035 Traditional Rental Income: $2184 Airbnb ROI: 0.8% Traditional ROI: 2.07%
1213 Brightleaf Boulevard Erlanger, KY Welcome to your dream home in the prestigious Brightleaf Estates community. This spacious...	4 beds \| 3 baths \| 2,262 sq.ft.	$469,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 2.91% Airbnb Rental Income: $2035 Traditional Rental Income: $2200 Airbnb ROI: 1.33% Traditional ROI: 2.91%
4077 Circlewood Drive Erlanger, KY OPEN HOUSE THIS SATURDAY, AUGUST 30TH, 1-3:00 PM! Move in ready bi-level with beautiful...	3 beds \| 2 baths \| N/A	$260,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 5.7% Airbnb Rental Income: $1714 Traditional Rental Income: $1945 Airbnb ROI: 2.82% Traditional ROI: 5.7%
579 Erlanger Road Erlanger, KY THIS IS THE ONE! Don't miss this beautifully refreshed home featuring a brand new roo...	4 beds \| 2 baths \| 1,435 sq.ft.	$254,900	Airbnb cash on cash: 4.02% Traditional cash on cash: 6.41% Airbnb Rental Income: $2035 Traditional Rental Income: $2083 Airbnb ROI: 4.02% Traditional ROI: 6.41%
880 Donaldson HWY Erlanger, KY Freshly rehabbed with new HVAC, Water Heater, Paint and Flooring*Situated on the newly exp...	3 beds \| 1 baths \| 1,888 sq.ft.	$265,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 5.15% Airbnb Rental Income: $1714 Traditional Rental Income: $1807 Airbnb ROI: 2.88% Traditional ROI: 5.15%
459 Commonwealth Avenue Erlanger, KY Are you looking to start a new business or move your existing office to the heart of Erlan...	4 beds \| 2 baths \| 1,900 sq.ft.	$325,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 5.24% Airbnb Rental Income: $2035 Traditional Rental Income: $2214 Airbnb ROI: 2.93% Traditional ROI: 5.24%
185 Cave Run Drive #5 Erlanger, KY Zero step living! The pictures don't do this home justice! The seller is an elderly woman ...	2 beds \| 2 baths \| 990 sq.ft.	$160,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 4.31% Airbnb Rental Income: $1496 Traditional Rental Income: $1349 Airbnb ROI: 2.4% Traditional ROI: 4.31%
404 Locust Street Erlanger, KY Welcome to 404 Locust Street in Erlangerâa beautifully updated 2-bedroom, 1.5-bath home ...	2 beds \| 2 baths \| 1,218 sq.ft.	$229,900	Airbnb cash on cash: 2.77% Traditional cash on cash: 5.98% Airbnb Rental Income: $1496 Traditional Rental Income: $1757 Airbnb ROI: 2.77% Traditional ROI: 5.98%
605 Lake Knoll Court Erlanger, KY Convenience and tranquility combine! Situated on small cul de sac street in the heart of E...	2 beds \| 2 baths \| 1,230 sq.ft.	$255,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 4.72% Airbnb Rental Income: $1496 Traditional Rental Income: $1634 Airbnb ROI: 2.33% Traditional ROI: 4.72%
4120 Taylor Court Erlanger, KY Welcome to 4120 Taylor Ct. â a solid 3-bedroom, 2.5-bath home tucked away on a quiet cul...	3 beds \| 3 baths \| 1,056 sq.ft.	$240,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 5.13% Airbnb Rental Income: $1714 Traditional Rental Income: $1641 Airbnb ROI: 3.36% Traditional ROI: 5.13%
105 Sunset Avenue Erlanger, KY Welcome to 105 Sunset Avenue in charming Erlanger! This delightful three-bedroom, one-bath...	3 beds \| 1 baths \| 1,116 sq.ft.	$185,000	Airbnb cash on cash: 4.71% Traditional cash on cash: 6.45% Airbnb Rental Income: $1714 Traditional Rental Income: $1547 Airbnb ROI: 4.71% Traditional ROI: 6.45%
125 Commonwealth Avenue Erlanger, KY *OPEN HOUSE THURSDAY AUG 28 5-7* Step into a piece of history, meticulously renovated ...	4 beds \| 4 baths \| 3,700 sq.ft.	$574,800	Airbnb cash on cash: 1.45% Traditional cash on cash: 4.93% Airbnb Rental Income: $2035 Traditional Rental Income: $3374 Airbnb ROI: 1.45% Traditional ROI: 4.93%
693 Peach Tree Lane Erlanger, KY This impeccably updated ranch offers a thoughtful blend of modern improvements & classic c...	4 beds \| 1 baths \| N/A	$269,900	Airbnb cash on cash: 4.09% Traditional cash on cash: 5.46% Airbnb Rental Income: $2035 Traditional Rental Income: $1856 Airbnb ROI: 4.09% Traditional ROI: 5.46%
100 McArthur Lane Erlanger, KY Completely Updated Starter home on Huge Lot!! On a dead end street! Nicely Updated with...	2 beds \| 1 baths \| 852 sq.ft.	$215,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 4.18% Airbnb Rental Income: $1496 Traditional Rental Income: $1236 Airbnb ROI: 3.31% Traditional ROI: 4.18%
3165 Hickory Lane Erlanger, KY Pending when submitted. Updated brick ranch with hardwood floors, finished lower level, ne...	3 beds \| 1 baths \| 875 sq.ft.	$225,000	Airbnb cash on cash: 3.3% Traditional cash on cash: 3.63% Airbnb Rental Income: $1714 Traditional Rental Income: $1310 Airbnb ROI: 3.3% Traditional ROI: 3.63%
4008 Woodchase Drive Erlanger, KY Step inside this charming 3-bedroom, 1.5-bath home where comfort and style meet. The open-...	3 beds \| 2 baths \| 816 sq.ft.	$210,000	Airbnb cash on cash: 3.84% Traditional cash on cash: 5.06% Airbnb Rental Income: $1714 Traditional Rental Income: $1481 Airbnb ROI: 3.84% Traditional ROI: 5.06%
28 Sunset Avenue Erlanger, KY Great location close to shopping and highways*Charming 2 Bedroom plus a full basement with...	2 beds \| 1 baths \| 840 sq.ft.	$190,000	Airbnb cash on cash: 3.86% Traditional cash on cash: 5.03% Airbnb Rental Income: $1496 Traditional Rental Income: $1268 Airbnb ROI: 3.86% Traditional ROI: 5.03%
4051 Heartwood Lane Erlanger, KY Enjoy this well maintained home located right next to walking trails that lead to Flagship...	3 beds \| 2 baths \| N/A	$265,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 3.82% Airbnb Rental Income: $1714 Traditional Rental Income: $1499 Airbnb ROI: 2.79% Traditional ROI: 3.82%
3288 Kingsburg Court Erlanger, KY Discover this beautifully maintained 2-story home on a quiet cul-de-sac in a family-friend...	3 beds \| 3 baths \| 2,350 sq.ft.	$425,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 4.18% Airbnb Rental Income: $1714 Traditional Rental Income: $2542 Airbnb ROI: 0.91% Traditional ROI: 4.18%
3395 Cedar Tree Lane Erlanger, KY Welcome to 3395 Cedar Ln in Erlanger Ky! This 3 bedroom 1 bath home has been recently upda...	3 beds \| 1 baths \| 1,250 sq.ft.	$219,900	Airbnb cash on cash: 3.98% Traditional cash on cash: 4.99% Airbnb Rental Income: $1714 Traditional Rental Income: $1450 Airbnb ROI: 3.98% Traditional ROI: 4.99%
130 Pine Lake Drive #2 Erlanger, KY Discover the perfect blend of comfort and modern updates in this beautifully renovated 2-b...	2 beds \| 2 baths \| N/A	$179,900	Airbnb cash on cash: 2.1% Traditional cash on cash: 6.37% Airbnb Rental Income: $1496 Traditional Rental Income: $1789 Airbnb ROI: 2.1% Traditional ROI: 6.37%
3407 Hulbert Avenue Erlanger, KY good 4bedroom 1 bath close to expressway and schools ,	4 beds \| 1 baths \| 1,268 sq.ft.	$150,000	Airbnb cash on cash: 8.17% Traditional cash on cash: 8.96% Airbnb Rental Income: $2035 Traditional Rental Income: $1621 Airbnb ROI: 8.17% Traditional ROI: 8.96%
3377 Cedar Tree Lane Erlanger, KY Nicely updated ranch which includes all kitchen appliances, washer, dryer, freezer chest, ...	3 beds \| 2 baths \| 1,700 sq.ft.	$240,000	Airbnb cash on cash: 3.55% Traditional cash on cash: 7.2% Airbnb Rental Income: $1714 Traditional Rental Income: $2067 Airbnb ROI: 3.55% Traditional ROI: 7.2%
3604 Concord Drive Erlanger, KY Beautifully renovated 3BR, 1.5BA ranch in Erlanger! Enjoy new flooring, fresh paint, updat...	3 beds \| 2 baths \| 1,365 sq.ft.	$255,000	Airbnb cash on cash: 3.33% Traditional cash on cash: 5.57% Airbnb Rental Income: $1714 Traditional Rental Income: $1777 Airbnb ROI: 3.33% Traditional ROI: 5.57%
417 Forest Avenue Erlanger, KY Welcome home to this charming 4-bedroom, 2-bath Cape Cod in Erlanger! The second floor fee...	4 beds \| 2 baths \| 1,539 sq.ft.	$245,000	Airbnb cash on cash: 4.21% Traditional cash on cash: 7.16% Airbnb Rental Income: $2035 Traditional Rental Income: $2190 Airbnb ROI: 4.21% Traditional ROI: 7.16%

Real Estate investment in Erlanger, KY

There are 46 properties for sale in the city of Erlanger . The median list price in Erlanger is $254,950 and the average price per square foot is $161. In September 2025, the average monthly cash on cash return in Erlanger is 5.00%. The average monthly rental income in Erlanger is $1,722.

Erlanger, KY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 46 investment properties available for sale in Erlanger.

In 2025, the best neighborhood to buy investment property is Erlanger.

The ROI for Long-Term is higher than the Short-Term in Erlanger with average rental income of $1,722.

Your search for investment property begins and ends here

Investment Property for Sale in Erlanger, KY

800 Buck Court

Erlanger, KY

4 beds | 4 baths | 3,220 sq.ft.

$524,900

Airbnb cash on cash: 1.03%

Traditional cash on cash: 4.76%

Airbnb Rental Income: $2035

Traditional Rental Income: $3337

Airbnb ROI: 1.03%

Traditional ROI: 4.76%

859 Lakerun Lane

Erlanger, KY

4 beds | N/A baths | N/A

$490,000

Airbnb cash on cash: 1.11%

Traditional cash on cash: 2.74%

Airbnb Rental Income: $2035

Traditional Rental Income: $2255

Airbnb ROI: 1.11%

Traditional ROI: 2.74%

3905 Spire Circle

Erlanger, KY

3 beds | 2 baths | 1,541 sq.ft.

$179,900

Airbnb cash on cash: 2.99%

Traditional cash on cash: 8.69%

Airbnb Rental Income: $1714

Traditional Rental Income: $2214

Airbnb ROI: 2.99%

Traditional ROI: 8.69%

3969 Loftyview Place

Erlanger, KY

2 beds | N/A baths | 1,349 sq.ft.

$350,000

Airbnb cash on cash: 0.03%

Traditional cash on cash: 2.04%

Airbnb Rental Income: $1496

Traditional Rental Income: $1719

Airbnb ROI: 0.03%

Traditional ROI: 2.04%

3304 Elizabeth Street

Erlanger, KY

2 beds | 1 baths | 1,068 sq.ft.

$175,000

Airbnb cash on cash: 3.94%

Traditional cash on cash: 7.74%

Airbnb Rental Income: $1496

Traditional Rental Income: $1691

Airbnb ROI: 3.94%

Traditional ROI: 7.74%

3915 Rankin Drive

Erlanger, KY

4 beds | 2 baths | 1,188 sq.ft.

$315,000

Airbnb cash on cash: 2.92%

Traditional cash on cash: 3.91%

Airbnb Rental Income: $2035

Traditional Rental Income: $1801

Airbnb ROI: 2.92%

Traditional ROI: 3.91%

3402 Southway Ridge

Erlanger, KY

3 beds | 4 baths | 3,570 sq.ft.

$739,000

Airbnb cash on cash: -0.3%

Traditional cash on cash: 2.04%

Airbnb Rental Income: $1714

Traditional Rental Income: $2848

Airbnb ROI: -0.3%

Traditional ROI: 2.04%

913 Summitridge Lane

Erlanger, KY

3 beds | 2 baths | 1,599 sq.ft.

$259,000

Airbnb cash on cash: 1.39%

Traditional cash on cash: 3.23%

Airbnb Rental Income: $1714

Traditional Rental Income: $1690

Airbnb ROI: 1.39%