103 Coral Ridge Way #FKJYLNBrooksKY40109
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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 Brooks at 103 Coral Ridge Way #FKJYLN, Brooks, KY, 40109 priced at $339,900 converts $2,696/mo rent into $627/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,696/mo, and annual cash flow totals $7,523/yr on $112,677 invested. Return on cash invested prints 26.59% in year one, and rental yield reads 9.52% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 138.5% and total cumulative return in cash sums $156,059. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,696/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40109, Brooks, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,588 (100%) |
| Owner Occupied HU | 1,264 (79.6%) |
| Renter Occupied HU | 151 ( 9.5%) |
| Vacant Housing Units | 173 (10.9%) |
| Median Home Value | $237,786 |
| Average Home Value | $234,555 |
Housing Distribution
Address Breakdown
Residential
972
Single Family
972
Multi-Family
0
Businesses
169
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