28 Malibu DrCorbinKY40701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Corbin at 28 Malibu Dr, Corbin, KY, 40701 listed at $309,000 pairs $2,483/mo rent with a $1,512/mo payment to leave $603/mo cash flow. Total monthly income runs $2,483/mo, and annual cash flow reaches $7,233/yr on $102,434 cash to close. Return on cash invested measures 26.97% in year one, and rental yield registers 9.64% at a $309,000 basis. Equity gained on principal adds $1,994/yr, and annual property appreciation at 5% supports $85,371 by year five. Five-year ROI tracks 140.57% and total cumulative return in cash totals $143,993. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,483/mo property income relative to a $1,512/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.53 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rocio Gonzalez • Freeman Brothers Realty LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25003008
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.