110 Plum StMortons GapKY42440
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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 Mortons Gap at 110 Plum St, Mortons Gap, KY, 42440 with 5% annual appreciation on a $144,500 basis while $0/mo rent supports operations. 12% in year one. Equity gained on principal adds $932/yr, and five-year appreciation sums $39,923 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $707/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1988
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42440, Mortons Gap, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 282 (100%) |
| Owner Occupied HU | 196 (69.5%) |
| Renter Occupied HU | 46 (16.3%) |
| Vacant Housing Units | 40 (14.2%) |
| Median Home Value | $100,000 |
| Average Home Value | $200,995 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
20
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No similar rental properties found nearby.
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Listed by: Kristy Saint • Coldwell Banker-Terry
Mls Name: MHCBOR
Mls ID: #116820
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.