11 Shelton DrMoreheadKY40351
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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 Morehead at 11 Shelton Dr, Morehead, KY, 40351 listed at $243,000 pairs $2,527/mo rent with a $1,189/mo payment to leave $1,048/mo cash flow. Total monthly income runs $2,527/mo, and annual cash flow reaches $12,581/yr on $80,555 cash to close. Return on cash invested measures 35.53% in year one, and rental yield registers 12.48% at a $243,000 basis. Equity gained on principal adds $1,568/yr, and annual property appreciation at 5% supports $67,136 by year five. Five-year ROI tracks 186.49% and total cumulative return in cash totals $150,224. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,527/mo property income relative to a $1,189/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40351, Morehead, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,508 (100%) |
| Owner Occupied HU | 5,462 (57.4%) |
| Renter Occupied HU | 2,805 (29.5%) |
| Vacant Housing Units | 1,241 (13.1%) |
| Median Home Value | $209,239 |
| Average Home Value | $227,488 |
Housing Distribution
Address Breakdown
Residential
8,950
Single Family
8,839
Multi-Family
111
Businesses
795
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