117 Victory StMortons GapKY42440
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
Rental property for sale in Mortons Gap at 117 Victory St, Mortons Gap, KY, 42440 priced at $169,900 pairs $1,442/mo rent with $408/mo cash flow after a $832/mo payment. Total monthly income equals $1,442/mo, and annual cash flow comes to $4,890/yr on $56,322 invested. Return on cash invested is 28.59% in year one, and rental yield stands at 10.18% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 149.32% and total cumulative return in cash reaches $84,098. For financing, Ziffy Mortgage’s DSCR program evaluates $1,442/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.26 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roger Peyton • New Horizons Realty
Mls Name: MHCBOR
Mls ID: #116381
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.