6998 S State Highway 1GraysonKY41143
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 6998 S State Highway 1, Grayson, KY, 41143 in Grayson: $948/mo in rent, $218/mo in net income, 9.49% gross yield, 1.76 DSCR, all at $119,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $33,126 in appreciation and $1,104/yr in principal paydown projects total cumulative return of $59,520.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 8.0% |
| Monthly Cash Flow | $218 | $850 |
City averages based on Grayson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $948 |
| Total Monthly Debt Service | $682 |
| DSCR Ratio | 1.39x |
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.
Single Family
Built in N/A
0.63 Acres 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
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
Single Family
Built in N/A
0.63 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices