1321 Rubyhill Ln, Florence, KY, 41042 | $83/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1321 Rubyhill Ln, Florence, KY, 41042 | $83/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Florence at 1321 Rubyhill Ln, Florence, KY, 41042 listed at $286,000 pairs $1,824/mo rent with a $1,400/mo payment to leave $83/mo cash flow. Total monthly income runs $1,824/mo, and annual cash flow reaches $998/yr on $94,809 cash to close. Return on cash invested measures 20.96% in year one, and rental yield registers 7.65% at a $286,000 basis. Equity gained on principal adds $1,846/yr, and annual property appreciation at 5% supports $79,017 by year five. Five-year ROI tracks 108.39% and total cumulative return in cash totals $102,764. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,824/mo property income relative to a $1,400/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2021

1,306 sqft lot

$N/A/sqft

No HOA

More details about the property

This two-bedroom, two-bathroom no-step condo offers 1,236 sq ft of thoughtfully designed living space. The step-free layout ensures easy accessibility, ideal for those seeking comfort and convenience. An oversized garage provides added storage and functionality. Enjoy low-maintenance living in a well-kept, amenity-rich community. HOA covers water, trash, clubhouse, and fitness center access. Located in a pool community with scenic walking trails, offering relaxation and recreation just outside your door. Inside, upgraded finishes create a modern and comfortable atmosphere. The flexible layout includes a spacious primary suite, while both bathrooms are designed for privacy and ease. Low Boone County taxes make this home even more affordable. With a smart floorplan, quality updates, and great community features, this condo is perfect for downsizers, first-time buyers, or anyone seeking a simpler lifestyle. All information believed accurate; buyer to verify all information.

Neighborhood Data

Neighborhood data shown for ZIP Code: 41042, Florence, KY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,664 (100%)
Owner Occupied HU	13,975 (59.1%)
Renter Occupied HU	8,544 (36.1%)
Vacant Housing Units	1,145 ( 4.8%)
Median Home Value	$243,210
Average Home Value	$262,135