2523 Exeter AveMiddlesboroKY40965
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 2523 Exeter Ave, Middlesboro, KY, 40965 in Middlesboro at $139,900 earns $887/mo in rent and nets $35/mo after the $629/mo payment, a 7.61% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $38,652 over five years. Ziffy Mortgage underwrites this on a 1.41 DSCR without U.S. credit history. With $1,288/yr in principal paydown, total projected return reaches $55,312.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 8.5% |
| Monthly Cash Flow | $35 | $300 |
City averages based on Middlesboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $887 |
| Total Monthly Debt Service | $796 |
| DSCR Ratio | 1.11x |
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.
Manufactured
Built in 2022
0.26 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
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
Manufactured
Built in 2022
0.26 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jody L Moore • Threshold Real Estate Services
Mls Name: Imagine MLS
Mls ID: #26002575