34 Mintons CirMorgantownKY42261
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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
Rental property for sale in Morgantown at 34 Mintons Cir, Morgantown, KY, 42261 priced at $156,000 pairs $1,232/mo rent with $282/mo cash flow after a $764/mo payment. Total monthly income equals $1,232/mo, and annual cash flow comes to $3,385/yr on $51,714 invested. Return on cash invested is 26.45% in year one, and rental yield stands at 9.48% on a $156,000 basis. Equity gained on principal adds $1,007/yr, and 5% annual appreciation accumulates to $43,100 by year five. Five-year ROI measures 137.92% and total cumulative return in cash reaches $71,322. For financing, Ziffy Mortgage’s DSCR program evaluates $1,232/mo property income against a $764/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
N/A 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: N/A • N/A
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Mls ID: #N/A