253 Mud Creek RdMorgantownKY42261
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 253 Mud Creek Rd, Morgantown, KY, 42261 in Morgantown speaks for itself: 15.74% gross on a $100,000 price, generating $1,312/mo in rent and $703/mo in net income after the $450/mo debt service. DSCR 2.92, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,436 stacks alongside $27,628 in projected five-year appreciation and $921/yr in principal reduction. Projected total cumulative return: $83,129.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.7% | 8.5% |
| Monthly Cash Flow | $703 | $250 |
City averages based on Morgantown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,312 |
| Total Monthly Debt Service | $569 |
| DSCR Ratio | 2.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1971
1.05 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
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
Single Family
Built in 1971
1.05 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