2440 State Highway 2153, Morganfield, KY, 42437 | 2.02% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2440 State Highway 2153, Morganfield, KY, 42437 | 2.02% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Morganfield at 2440 State Highway 2153, Morganfield, KY, 42437 offers a 2.02% rental yield on a $495,000 purchase with $834/mo rent. 97% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 17.28% and total cumulative return in cash at $28,354. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $834/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1996

15 Acres lot

$N/A/sqft

No HOA

More details about the property

Some Places Feel Different The Moment You Arrive, And This Is One Of Them. Tucked On A Beautiful 15-acre Tract, This Property Blends Peacefulness, Water Views, And The Comfort Of A Move-in-ready Home, Making It The Perfect Country Setting. With Three Bedrooms And Two And A Half Baths With A Finished Walkout Basement, Theres Ample Space For Everyone. A Dedicated Office Sits On The Main Level, While Downstairs Offers Added Storage And Privacy. A Fourth Room In The Basement Is Currently Used As An Additional Office But Is Well Suited To Serve As A Bedroom For Larger Families. A Large Back Deck Overlooks The Pool, Perfect For Summer Days, And Just Below Is A Lake With A Shaded Pavilion And Fountain. The Attached Garage Adds Convenience, And A Barn Gives Space For Tools And Equipment. The Land Offers Both Open And Wooded Ground, Ideal For Peaceful Walks, Recreational Use, Or Small Hobby Farming. Balanced Tracts Like This Are Hard To Find In The Area, So Schedule Your Private Showing Today.

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