2753 Coral Ridge RdBrooksKY40109
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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 Brooks at 2753 Coral Ridge Rd, Brooks, KY, 40109 uses $85,859 cash to close to unlock $1,840/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,730/mo, and a $1,268/mo payment keeps the spread at $153/mo. Purchase price stands at $259,000, and rental yield measures 8.02% with $1,730/mo rent. Return on cash invested shows 22.05% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 114.23% and total cumulative return in cash records $98,080. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,730/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.37 Acres 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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