2001 Sharkey RdMoreheadKY40351
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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 2001 Sharkey Rd, Morehead, KY, 40351 earns $198/mo cash flow from $1,080/mo rent with a $709/mo payment. Total monthly income totals $1,080/mo, and annual cash flow totals $2,380/yr on $48,034 capital. ROI tracks 24.86% on current figures, and rental yield reads 8.94% at a $144,900 purchase. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 over five years. Five-year ROI reaches 129.33% and total cumulative return in cash sums $62,125. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,080/mo property income instead of your personal income.
Single Family
Built in 2021
8,712 sqft 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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