903 Ilchester AveMiddlesboroKY40965
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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 Middlesboro at 903 Ilchester Ave, Middlesboro, KY, 40965 uses $37,128 cash to close to unlock $2,490/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $889/mo, and a $548/mo payment keeps the spread at $208/mo. Purchase price stands at $112,000, and rental yield measures 9.53% with $889/mo rent. Return on cash invested shows 26.62% in year one, and 5% annual appreciation builds toward $30,944 over five years. Five-year ROI reaches 138.73% and total cumulative return in cash records $51,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $889/mo property income covering a $548/mo payment rather than investor’s personal income.
Single Family
Built in N/A
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40965, Middlesboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,051 (100%) |
| Owner Occupied HU | 2,896 (47.9%) |
| Renter Occupied HU | 2,268 (37.5%) |
| Vacant Housing Units | 887 (14.7%) |
| Median Home Value | $97,436 |
| Average Home Value | $152,081 |
Housing Distribution
Address Breakdown
Residential
5,459
Single Family
5,458
Multi-Family
1
Businesses
656
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Listed by: Blake Ramey • Century 21 Virginia Wilder Real Estate
Mls Name: Imagine MLS
Mls ID: #25503302