3991 Dunbar Leetown 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
Total monthly income runs $2,585/mo, and a $2,521/mo payment. Purchase price stands at $515,000, and rental yield measures 6.02% with $2,585/mo rent. Return on cash invested shows 16.17% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 82.62% and total cumulative return in cash records $139,981. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,585/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Single Family
Built in 2004
18.71 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: Natasha Givens • Keller Williams First Choice Realty
Mls Name: RASK
Mls ID: #RA20253863