112 Parker LnMiddlesboroKY40965
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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 112 Parker Ln, Middlesboro, KY, 40965 offers $1,115/mo rent that, after a $710/mo payment, leaves $232/mo cash flow. Total monthly income is $1,115/mo, and annual cash flow is $2,787/yr on $48,068 cash. Return on cash invested measures 25.71% in year one, and rental yield stands at 9.23% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 133.85% and total cumulative return in cash reaches $64,340. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,115/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2011
0.43 Acres 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: David Gambrell • Coldwell Banker Bisceglia Realty & Auction Co
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24026218
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.