60 Morgan FrkClearfieldKY40313
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 60 Morgan Frk, Clearfield, KY, 40313 in Clearfield hard to pass up. The 10.7% gross yield on a $195,000 purchase results in $1,739/mo in rent and $552/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.98). Annual cash flow of $6,624, five-year appreciation of $53,875, and $1,796/yr in equity build-up combine for a projected total cumulative return of $109,405.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.0% |
| Monthly Cash Flow | $552 | $950 |
City averages based on Clearfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,739 |
| Total Monthly Debt Service | $1,109 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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