308 Valley DrMorganfieldKY42437
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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 Morganfield at 308 Valley Dr, Morganfield, KY, 42437 priced at $174,300 pairs $1,213/mo rent with $152/mo cash flow after a $853/mo payment. Total monthly income equals $1,213/mo, and annual cash flow comes to $1,827/yr on $57,780 invested. Return on cash invested is 23.07% in year one, and rental yield stands at 8.35% on a $174,300 basis. Equity gained on principal adds $1,125/yr, and 5% annual appreciation accumulates to $48,156 by year five. Five-year ROI measures 119.71% and total cumulative return in cash reaches $69,171. For financing, Ziffy Mortgage’s DSCR program evaluates $1,213/mo property income against a $853/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
0.44 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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