54 Fox Run RdMoreheadKY40351
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Morehead at 54 Fox Run Rd, Morehead, KY, 40351 priced at $250,000 converts $1,744/mo rent into $222/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,744/mo, and annual cash flow totals $2,665/yr on $82,875 invested. Return on cash invested prints 23.12% in year one, and rental yield reads 8.37% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 120% and total cumulative return in cash sums $99,454. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,744/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Townhouse
Built in N/A
0.84 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices