2287 Hilltop RdMorganfieldKY42437
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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 2287 Hilltop Rd, Morganfield, KY, 42437 uses $111,053 cash to close to unlock $1,881/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $2,196/mo, and a $1,640/mo payment keeps the spread at $157/mo. Purchase price stands at $335,000, and rental yield measures 7.87% with $2,196/mo rent. Return on cash invested shows 21.6% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 111.79% and total cumulative return in cash records $124,148. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,196/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1995
1.05 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: Stephanie Chrisman • F.C. TUCKER/COLLIER
Mls Name: HAMLS
Mls ID: #250709