705 S State Highway 233GrayKY40734
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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 Gray at 705 S State Highway 233, Gray, KY, 40734 offers a 5.14% rental yield on a $199,000 purchase with $853/mo rent. 39% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 67.79% and total cumulative return in cash at $44,718. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $853/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40734, Gray, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 1,124 (69.0%) |
| Renter Occupied HU | 315 (19.3%) |
| Vacant Housing Units | 191 (11.7%) |
| Median Home Value | $144,481 |
| Average Home Value | $183,972 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,474
Multi-Family
0
Businesses
64
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Listed by: Jill R Sizemore • Weichert Realtors - Ford Brothers
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25013383
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.