395 Fairview StCorbinKY40701
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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 395 Fairview St, Corbin, KY, 40701 offers $2,096/mo rent that, after a $1,101/mo payment, leaves $727/mo cash flow. Total monthly income is $2,096/mo, and annual cash flow is $8,724/yr on $74,554 cash. Return on cash invested measures 31.61% in year one, and rental yield stands at 11.18% at a $224,900 entry. Equity gained on principal adds $1,451/yr while 5% annual appreciation compounds into $62,136 by year five. Five-year ROI records 165.43% and total cumulative return in cash reaches $123,337. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,096/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.94 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: Keisha A Brooks • Century 21 Advantage Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25000267
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.