106 Walnut LnGrayKY40734
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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 Gray at 106 Walnut Ln, Gray, KY, 40734 offers $1,714/mo rent that, after a $1,463/mo payment. Total monthly income is $1,714/mo. Return on cash invested measures 18.63% in year one, and rental yield stands at 6.88% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 95.87% and total cumulative return in cash reaches $95,026. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,714/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
3.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40734, Gray, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 1,124 (69.0%) |
| Renter Occupied HU | 315 (19.3%) |
| Vacant Housing Units | 191 (11.7%) |
| Median Home Value | $144,481 |
| Average Home Value | $183,972 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,474
Multi-Family
0
Businesses
64
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Listed by: Chris Mchargue • Huddleston Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25002310
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.