1516 Stanley AveMorganfieldKY42437
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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 Morganfield at 1516 Stanley Ave, Morganfield, KY, 42437 earns $55/mo cash flow from $1,333/mo rent with a $1,028/mo payment. Total monthly income totals $1,333/mo, and annual cash flow totals $657/yr on $69,615 capital. ROI tracks 20.85% on current figures, and rental yield reads 7.62% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 107.79% and total cumulative return in cash sums $75,040. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,333/mo property income instead of your personal income.
Single Family
Built in 1976
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42437, Morganfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,947 (100%) |
| Owner Occupied HU | 1,888 (64.1%) |
| Renter Occupied HU | 759 (25.8%) |
| Vacant Housing Units | 300 (10.2%) |
| Median Home Value | $175,467 |
| Average Home Value | $226,973 |
Housing Distribution
Address Breakdown
Residential
2,882
Single Family
2,865
Multi-Family
17
Businesses
302
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Listed by: Brittany Duckworth • ERA FIRST ADVANTAGE
Mls Name: HAMLS
Mls ID: #260046