60 Morgan FrkClearfieldKY40313
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 Clearfield at 60 Morgan Frk, Clearfield, KY, 40313 offers $1,739/mo rent that, after a $954/mo payment, leaves $553/mo cash flow. Total monthly income is $1,739/mo, and annual cash flow is $6,631/yr on $64,643 cash. Return on cash invested measures 30.17% in year one, and rental yield stands at 10.7% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 157.75% and total cumulative return in cash reaches $101,974. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,739/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40313, Clearfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 611 (43.0%) |
| Renter Occupied HU | 593 (41.7%) |
| Vacant Housing Units | 217 (15.3%) |
| Median Home Value | $153,693 |
| Average Home Value | $174,988 |
Housing Distribution
Address Breakdown
Residential
1,433
Single Family
1,433
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Craig • EXP Realty, LLC
Mls Name: Imagine MLS
Mls ID: #25017089