315 S Warren StMorgantownKY42261
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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 Morgantown at 315 S Warren St, Morgantown, KY, 42261 earns $289/mo cash flow from $2,108/mo rent with a $1,463/mo payment. Total monthly income totals $2,108/mo, and annual cash flow totals $3,464/yr on $99,119 capital. ROI tracks 23.4% on current figures, and rental yield reads 8.46% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 121.45% and total cumulative return in cash sums $120,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,108/mo property income instead of your personal income.
Single Family
Built in 1910
0.36 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
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Listed by: Reagan Maggard • Five Star Realty
Mls Name: My State MLS
Mls ID: #11348476