3334 Oak Ridge RdMorgantownKY42261
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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 3334 Oak Ridge Rd, Morgantown, KY, 42261 earns $734/mo cash flow from $2,802/mo rent with a $1,663/mo payment. Total monthly income totals $2,802/mo, and annual cash flow totals $8,809/yr on $112,644 capital. ROI tracks 27.73% on current figures, and rental yield reads 9.9% at a $339,800 purchase. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,880 over five years. Five-year ROI reaches 144.68% and total cumulative return in cash sums $162,975. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,802/mo property income instead of your personal income.
Single Family
Built in 2004
4 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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