83 Morford StEwingKY41039
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
Investment property for sale in Ewing at 83 Morford St, Ewing, KY, 41039 offers a 9.39% rental yield on a $129,900 purchase with $1,016/mo rent. Total monthly income registers $1,016/mo, and a $636/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,702/yr on $43,062 to close, and return on cash invested stands at 26.18% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 136.45% and total cumulative return in cash at $58,759. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,016/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41039, Ewing, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 878 (68.3%) |
| Renter Occupied HU | 221 (17.2%) |
| Vacant Housing Units | 187 (14.5%) |
| Median Home Value | $129,545 |
| Average Home Value | $186,432 |
Housing Distribution
Address Breakdown
Residential
1,145
Single Family
1,145
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Boling • Story Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24025426
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.