1016 E Midland TrlGraysonKY41143
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1016 E Midland Trl, Grayson, KY, 41143 in Grayson. At $229,000 it earns $1,877/mo in rent and distributes $483/mo to the owner after the $1,030/mo payment, a consistent 9.83% yield. DSCR 1.82 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $63,268 in value; $2,109/yr in principal paydown compounds ownership stake. Total projected return: $117,870.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 8.0% |
| Monthly Cash Flow | $483 | $850 |
City averages based on Grayson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,877 |
| Total Monthly Debt Service | $1,303 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41143, Grayson, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,137 (100%) |
| Owner Occupied HU | 3,988 (65.0%) |
| Renter Occupied HU | 1,380 (22.5%) |
| Vacant Housing Units | 769 (12.5%) |
| Median Home Value | $165,927 |
| Average Home Value | $189,863 |
Housing Distribution
Address Breakdown
Residential
5,600
Single Family
5,508
Multi-Family
92
Businesses
505
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
Single Family
Built in N/A
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41143, Grayson, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,137 (100%) |
| Owner Occupied HU | 3,988 (65.0%) |
| Renter Occupied HU | 1,380 (22.5%) |
| Vacant Housing Units | 769 (12.5%) |
| Median Home Value | $165,927 |
| Average Home Value | $189,863 |
Housing Distribution
Address Breakdown
Residential
5,600
Single Family
5,508
Multi-Family
92
Businesses
505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Missi Adkins • Ross Real Estate Services
Mls Name: AABR
Mls Provider:
Mls ID: #58615
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.