9290 Salt Lick RdTollesboroKY41189
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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 Tollesboro at 9290 Salt Lick Rd, Tollesboro, KY, 41189 listed at $169,900 pairs $1,186/mo rent with a $832/mo payment to leave $152/mo cash flow. Total monthly income runs $1,186/mo, and annual cash flow reaches $1,818/yr on $56,322 cash to close. Return on cash invested measures 23.14% in year one, and rental yield registers 8.38% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 120.06% and total cumulative return in cash totals $67,622. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,186/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2008
0.69 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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Listed by: Jason Caudill • RE/MAX Creative Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25009604
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.