414 E 2nd StGraysonKY41143
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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 Grayson at 414 E 2nd St, Grayson, KY, 41143 generates $1,254/mo in rent and, after a $660/mo payment, leaves $433/mo in cash flow. Total monthly income is $1,254/mo, and annual cash flow is $5,199/yr on $44,719 invested. Return on cash invested sits at 31.53% in year one, and rental yield is 11.15% on a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 165.12% and total cumulative return in cash sums $73,841. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,254/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
7,840 sqft 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
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Listed by: J D RAYBURN • SCENIC HILLS REALTY INC
Mls Name: AABR
Mls Provider:
Mls ID: #59448
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.