2350 Log Cabin RdCorbinKY40701
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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 Corbin at 2350 Log Cabin Rd, Corbin, KY, 40701 priced at $143,000 pairs $1,736/mo rent with $866/mo cash flow after a $700/mo payment. Total monthly income equals $1,736/mo, and annual cash flow comes to $10,387/yr on $47,405 invested. Return on cash invested is 41.82% in year one, and rental yield stands at 14.57% on a $143,000 basis. Equity gained on principal adds $923/yr, and 5% annual appreciation accumulates to $39,508 by year five. Five-year ROI measures 220.27% and total cumulative return in cash reaches $104,416. For financing, Ziffy Mortgage’s DSCR program evaluates $1,736/mo property income against a $700/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2020
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40701, Corbin, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,997 (100%) |
| Owner Occupied HU | 8,328 (59.5%) |
| Renter Occupied HU | 4,261 (30.4%) |
| Vacant Housing Units | 1,408 (10.1%) |
| Median Home Value | $166,864 |
| Average Home Value | $190,581 |
Housing Distribution
Address Breakdown
Residential
13,527
Single Family
13,075
Multi-Family
452
Businesses
925
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Listed by: Judy Faulconer • Weichert Realtors - Ford Brothers
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24007955
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.