Deal Details
Private Loan Type
Purchase
Approx. Funding Date
09/13/2023
Property Type
Property City
Rogers
Property State
KY
Rate Type
Fixed
Borrower's Plan
Continue Rental
Interest Rate
8.25%
Deal Summary
LTV: 65.0%
Featuring two bedrooms, two bathrooms, large windows with natural sunrise lighting, a walk-out porch, and a beautiful view of Red River Gorge, with pristine finishes throughout as it has been well-maintained with an effective age of zero years as it was built in 2021. The lot backs up to the woods and has a large peaceful patio with a hot tub, a trail leading to a private firepit area, and a creek. The home is tucked away within the Red River Gorge area, which is located within the Daniel Boone National Forest, a popular hiking and camping destination. Red River Gorge has a wide variety of adventures to enjoy, including climbing, hiking, ziplining, and kayaking in the caverns of the Gorge. The location makes it an ideal getaway for tourists looking for a quiet peaceful retreat. The short-term rental market in Rogers, Kentucky shows signs of a high potential for profitably with an overall “A” market grade, sustained rental demand, and revenue growth according to AirDNA.