54 Partin RdCorbinKY40701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 54 Partin Rd, Corbin, KY, 40701 uses $59,637 cash to close to unlock $2,275/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $1,285/mo, and a $881/mo payment keeps the spread at $190/mo. Purchase price stands at $179,900, and rental yield measures 8.57% with $1,285/mo rent. Return on cash invested shows 23.72% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 123.22% and total cumulative return in cash records $73,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,285/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.81 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Mchargue • Huddleston Real Estate
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24012068
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.