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5113 South Ave #7, Grayson, KY, 41143

0beds
0baths
0sqft
$239,900
--price/sqft
$1,688/moest. monthly cost
$67,520/yrincome needed

About This Home

POTENTIAL INCOME PRODUCING CABIN RENTALS LESS THAN A MILE FROM THE GRAYSON LAKE STATE PARK AND MARINA IN CARTER CO. KY PRICED AT $239,900 THESE ARE NEWLY CONSTRUCTED, FOUR ARE TINY HOME CABINS, ONE IS A TWO STORY,THERE ARE A TOTAL OF FIVE RENTAL UNITS WITH POSSIBILITIESS OF ADDITIONAL RENTALS. ALL RENTALS ARE ON PUBLIC WATER AND SEPTIC, AND DELECTRIC. PROPERTY IS 4.92 ACRES, AND ADJOINS THE ARMY CORP OF ENGINEERS PROPERTY, IS MOSTLY WOODED AND GATED ON Hwy 7. Address: 5113 S. Hwy 7 Grayson, KY 41143 CABIN #1 features two bedrooms, one bath and a spacious living area with kitchenette with addional sleeping areas in living area and a deck CABIN #2 features one bedroom, one bath and a spacious living area with kitchenette and additional sleeping areas in living area and a covered porch CABIN #3 features loft sleeping area, one bath and a spacious living area with kitchenette and additional sleeping area and a covered porch CABIN #4 features loft sleeping area, one bath and a spacious living area with kitchenette and additional sleepinng area and a covered porch CABIN #5 features a two story two bedroom spacious cabin with a full size kitchen, living room, and bathroom and a covered porch There is also a large garage out back with a concrete floor and lighting that could be converted to additional rental space or a community center, etc. the opportunities are unlimited. These cabins could be rented by the night or rent them year round to folks for hunting, boating, camping, traveling, golfing thru or hiking. Call or text listing agent

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

7/10
4/10
5/10

Construction

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Single Family Residence

Interior

Basement

  • Area: 0

Features

  • Finished area above ground: 0

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 0

Property

Details

  • Lease amount: 0

Lot

  • Lot size: 4.92 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather
Hail
Ice Storm
Landslide
Tornado
Wildfire

FEMA Declared Disasters Across Kentucky Counties

Flood
Hurricane
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,213$14,556
Home Insurance *$232$2,784
Property Taxes $89$1,068
Electricity $154$1,850
Total$1,688$20,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,874/yr
40% on housing$50,640/yr
45% on housing$45,013/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 41143$91
Carter County$89

vs Homes Sold Last Month

Median $/sqft

ZIP 41143$97
Carter County$104

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-11-15Listed for sale$239,900

For Sale by Agent

AgentDeborah Manning
BrokerageManning Realty

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