112 Cornett RdHazardKY41701
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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 Hazard at 112 Cornett Rd, Hazard, KY, 41701 with 5% annual appreciation on a $114,000 basis while $889/mo rent supports operations. Total monthly income totals $889/mo and a $558/mo payment preserves $195/mo for cash returns. Annual cash flow comes to $2,342/yr on $37,791 deployed, and return on cash invested reaches 26.11% in year one. Equity gained on principal adds $736/yr, and five-year appreciation sums $31,496 alongside rental yield of 9.36%. Five-year ROI measures 136.05% and total cumulative return in cash totals $51,415.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $889/mo property income versus a $558/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41701, Hazard, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,242 (100%) |
| Owner Occupied HU | 4,247 (58.6%) |
| Renter Occupied HU | 2,109 (29.1%) |
| Vacant Housing Units | 886 (12.2%) |
| Median Home Value | $114,824 |
| Average Home Value | $166,979 |
Housing Distribution
Address Breakdown
Residential
6,084
Single Family
5,930
Multi-Family
154
Businesses
627
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