6694 W State Highway 10TollesboroKY41189
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
Investment Highlights
Investment property for sale in Tollesboro at 6694 W State Highway 10, Tollesboro, KY, 41189 offers a 7.33% rental yield on a $239,900 purchase with $1,466/mo rent. Total monthly income registers $1,466/mo, and a $1,174/mo payment leaves $6/mo available for distribution. Annual cash flow reaches $73/yr on $79,527 to close, and return on cash invested stands at 20% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 103.23% and total cumulative return in cash at $82,099. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,466/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41189, Tollesboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,060 (100%) |
| Owner Occupied HU | 764 (72.1%) |
| Renter Occupied HU | 212 (20.0%) |
| Vacant Housing Units | 84 ( 7.9%) |
| Median Home Value | $92,703 |
| Average Home Value | $121,384 |
Housing Distribution
Address Breakdown
Residential
1,006
Single Family
1,006
Multi-Family
0
Businesses
31
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Nearby investment properties with comparable prices
Listed by: Michele Bowling • 606 Real Estate & Auctions
Mls Name: My State MLS
Mls ID: #11466920