6998 S State Highway 1GraysonKY41143
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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
Investment property for sale in Grayson at 6998 S State Highway 1, Grayson, KY, 41143 offers a 9.49% rental yield on a $119,900 purchase with $948/mo rent. Total monthly income registers $948/mo, and a $587/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,617/yr on $39,747 to close, and return on cash invested stands at 26.49% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 138.15% and total cumulative return in cash at $54,912. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $948/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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