407 Corinne CtWinchesterKY40391
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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 Winchester at 407 Corinne Ct, Winchester, KY, 40391 with 5% annual appreciation on a $274,900 basis while $1,852/mo rent supports operations. Total monthly income totals $1,852/mo and a $1,346/mo payment preserves $179/mo for cash returns. Annual cash flow comes to $2,153/yr on $91,129 deployed, and return on cash invested reaches 22.27% in year one. Equity gained on principal adds $1,774/yr, and five-year appreciation sums $75,950 alongside rental yield of 8.08%. Five-year ROI measures 115.4% and total cumulative return in cash totals $105,159.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,852/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2016
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40391, Winchester, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,374 (100%) |
| Owner Occupied HU | 10,285 (62.8%) |
| Renter Occupied HU | 4,824 (29.5%) |
| Vacant Housing Units | 1,265 ( 7.7%) |
| Median Home Value | $223,867 |
| Average Home Value | $258,919 |
Housing Distribution
Address Breakdown
Residential
15,316
Single Family
15,081
Multi-Family
235
Businesses
872
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Listed by: Shane T Underwood • Keller Williams Commonwealth
Mls Name: Imagine MLS
Mls ID: #25503382