34 Washington CirMoreheadKY40351
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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 Morehead at 34 Washington Cir, Morehead, KY, 40351 listed at $259,500 pairs $2,052/mo rent with a $1,270/mo payment to leave $473/mo cash flow. Total monthly income runs $2,052/mo, and annual cash flow reaches $5,673/yr on $86,024 cash to close. Return on cash invested measures 26.5% in year one, and rental yield registers 9.49% at a $259,500 basis. Equity gained on principal adds $1,675/yr, and annual property appreciation at 5% supports $71,695 by year five. Five-year ROI tracks 138.08% and total cumulative return in cash totals $118,781. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,052/mo property income relative to a $1,270/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40351, Morehead, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,508 (100%) |
| Owner Occupied HU | 5,462 (57.4%) |
| Renter Occupied HU | 2,805 (29.5%) |
| Vacant Housing Units | 1,241 (13.1%) |
| Median Home Value | $209,239 |
| Average Home Value | $227,488 |
Housing Distribution
Address Breakdown
Residential
8,950
Single Family
8,839
Multi-Family
111
Businesses
795
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Listed by: Lindsey Bivens • Berkshire Hathaway De Movellan Properties
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006990
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