143 E Morton 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 143 E Morton St, Mortons Gap, KY, 42440 earns $360/mo cash flow from $1,698/mo rent with a $1,076/mo payment. Total monthly income totals $1,698/mo, and annual cash flow totals $4,319/yr on $72,897 capital. ROI tracks 25.83% on current figures, and rental yield reads 9.27% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 134.46% and total cumulative return in cash sums $98,020. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,698/mo property income instead of your personal income.
Single Family
Built in 2025
0.50 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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Listed by: Ginger Driver • Haven Realty, LLC
Mls Name: MHCBOR
Mls ID: #116764
Disclaimer: Copyright Madisonville-Hopkins County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.