419 Corner Ridge RdFrenchburgKY40322
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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 Frenchburg at 419 Corner Ridge Rd, Frenchburg, KY, 40322 earns $442/mo cash flow from $1,172/mo rent with a $587/mo payment. Total monthly income totals $1,172/mo, and annual cash flow totals $5,304/yr on $39,780 capital. ROI tracks 33.24% on current figures, and rental yield reads 11.72% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 174.17% and total cumulative return in cash sums $69,283. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,172/mo property income instead of your personal income.
Single Family
Built in N/A
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40322, Frenchburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,566 (100%) |
| Owner Occupied HU | 994 (63.5%) |
| Renter Occupied HU | 348 (22.2%) |
| Vacant Housing Units | 224 (14.3%) |
| Median Home Value | $149,457 |
| Average Home Value | $141,517 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,388
Multi-Family
0
Businesses
86
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Listed by: Courtney Ann Mangold • The Agency
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25503063
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.