2517 Silver City Huntsville RdMorgantownKY42261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Morgantown at 2517 Silver City Huntsville Rd, Morgantown, KY, 42261 generates $1,396/mo in rent and, after a $923/mo payment, leaves $248/mo in cash flow. Total monthly income is $1,396/mo, and annual cash flow is $2,979/yr on $62,521 invested. Return on cash invested sits at 24.67% in year one, and rental yield is 8.88% on a $188,600 entry. Equity gained on principal adds $1,217/yr, while 5% annual appreciation builds toward $52,107 over five years. Five-year ROI reaches 128.32% and total cumulative return in cash sums $80,225. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,396/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42261, Morgantown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 2,831 (63.9%) |
| Renter Occupied HU | 1,164 (26.3%) |
| Vacant Housing Units | 432 ( 9.8%) |
| Median Home Value | $115,382 |
| Average Home Value | $171,593 |
Housing Distribution
Address Breakdown
Residential
4,228
Single Family
4,228
Multi-Family
0
Businesses
265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randy Arnold • Landmark Realty Llc
Mls Name: NY State MLS
Mls ID: #11582091