3710 Richland Church 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 3710 Richland Church Rd, Morgantown, KY, 42261 with 5% annual appreciation on a $186,000 basis while $2,102/mo rent supports operations. Total monthly income totals $2,102/mo and a $910/mo payment preserves $970/mo for cash returns. Annual cash flow comes to $11,644/yr on $61,659 deployed, and return on cash invested reaches 38.79% in year one. Equity gained on principal adds $1,200/yr, and five-year appreciation sums $51,388 alongside rental yield of 13.56%. Five-year ROI measures 204.05% and total cumulative return in cash totals $125,812.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,102/mo property income versus a $910/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
6.82 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: N/A • N/A
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