105 Otis White StMorgantownKY42261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Morgantown at 105 Otis White St, Morgantown, KY, 42261 with 5% annual appreciation on a $221,750 basis while $1,814/mo rent supports operations. Total monthly income totals $1,814/mo and a $1,085/mo payment preserves $465/mo for cash returns. Annual cash flow comes to $5,577/yr on $73,510 deployed, and return on cash invested reaches 27.5% in year one. Equity gained on principal adds $1,431/yr, and five-year appreciation sums $61,265 alongside rental yield of 9.82%. Five-year ROI measures 143.39% and total cumulative return in cash totals $105,405.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,814/mo property income versus a $1,085/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42261, Morgantown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 2,831 (63.9%) |
| Renter Occupied HU | 1,164 (26.3%) |
| Vacant Housing Units | 432 ( 9.8%) |
| Median Home Value | $115,382 |
| Average Home Value | $171,593 |
Housing Distribution
Address Breakdown
Residential
4,228
Single Family
4,228
Multi-Family
0
Businesses
265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natasha Givens • Keller Williams First Choice Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20244061
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.