1005 Hollywood DrMiddlesboroKY40965
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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
Rental property for sale in Middlesboro at 1005 Hollywood Dr, Middlesboro, KY, 40965 generates $1,294/mo in rent and, after a $805/mo payment, leaves $293/mo in cash flow. Total monthly income is $1,294/mo, and annual cash flow is $3,516/yr on $54,532 invested. Return on cash invested sits at 26.36% in year one, and rental yield is 9.44% on a $164,500 entry. Equity gained on principal adds $1,061/yr, while 5% annual appreciation builds toward $45,448 over five years. Five-year ROI reaches 137.27% and total cumulative return in cash sums $74,854. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,294/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40965, Middlesboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,051 (100%) |
| Owner Occupied HU | 2,896 (47.9%) |
| Renter Occupied HU | 2,268 (37.5%) |
| Vacant Housing Units | 887 (14.7%) |
| Median Home Value | $97,436 |
| Average Home Value | $152,081 |
Housing Distribution
Address Breakdown
Residential
5,459
Single Family
5,458
Multi-Family
1
Businesses
656
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Listed by: Nichole Goins • Heartland Real Estate, LLC
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1283319
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. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282. [Click here for more information](/info/mls-disclaimers/#mls_154)