4310 Cobblewood CtIndependenceKY41051
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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 Independence at 4310 Cobblewood Ct, Independence, KY, 41051 offers a 9.54% rental yield on a $149,900 purchase with $1,192/mo rent. Total monthly income registers $1,192/mo, and a $734/mo payment leaves $279/mo available for distribution. Annual cash flow reaches $3,352/yr on $49,692 to close, and return on cash invested stands at 26.66% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 138.97% and total cumulative return in cash at $69,059. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,192/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41051, Independence, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,467 (100%) |
| Owner Occupied HU | 9,379 (81.8%) |
| Renter Occupied HU | 1,783 (15.5%) |
| Vacant Housing Units | 305 ( 2.7%) |
| Median Home Value | $266,323 |
| Average Home Value | $300,312 |
Housing Distribution
Address Breakdown
Residential
11,820
Single Family
11,350
Multi-Family
470
Businesses
356
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Listed by: Brandon Stamper • Plum Tree Realty
Mls Name: NKMLS
Mls ID: #639126