DSCR Rental Purchase Loan for SFR in Rogers, Kentucky

Funded by Easy Street Capital

$316,550

Deal Details

Private Loan Type

Purchase

Approx. Funding Date

09/13/2023

Property Type
Single Family Residence
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.

Funded By

Easy Street Capital

Direct Lender for Residential Flips and Rentals