411 Ruffian TrlCorbinKY40701
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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 Corbin at 411 Ruffian Trl, Corbin, KY, 40701 with 5% annual appreciation on a $205,000 basis while $1,853/mo rent supports operations. Total monthly income totals $1,853/mo and a $1,003/mo payment preserves $606/mo for cash returns. Annual cash flow comes to $7,269/yr on $67,958 deployed, and return on cash invested reaches 30.6% in year one. Equity gained on principal adds $1,323/yr, and five-year appreciation sums $56,638 alongside rental yield of 10.85%. Five-year ROI measures 160.06% and total cumulative return in cash totals $108,774.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,853/mo property income versus a $1,003/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
1 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: Julie Huff • Reliance One Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24017669
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.