60 Sylvan ChaseMoreheadKY40351
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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 Morehead at 60 Sylvan Chase, Morehead, KY, 40351 earns $58/mo cash flow from $2,033/mo rent with a $1,588/mo payment. Total monthly income totals $2,033/mo, and annual cash flow totals $700/yr on $107,572 capital. ROI tracks 20.56% on current figures, and rental yield reads 7.52% at a $324,500 purchase. Equity gained on principal adds $2,094/yr, and 5% annual appreciation supports $89,653 over five years. Five-year ROI reaches 106.22% and total cumulative return in cash sums $114,264. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,033/mo property income instead of your personal income.
Single Family
Built in 1998
0.94 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
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Listed by: John Kidd • United Real Estate Bluegrass
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25015234
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.