Real Estate Investment Properties for Sale in Morehead, KY

Looking for investment property in Morehead, KY with high ROI ?

Explore a variety of short-term homes & houses in Morehead, KY. Invest wisely with VRBO & Morehead, KY Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Morehead, KY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
30 Fairview Drive Morehead, KY Desirable Location! This quaint home is the perfect spot if desiring the Morehead area. O...	3 beds \| 2 baths \| 2,392 sq.ft.	$424,900	Airbnb cash on cash: 2.49% Traditional cash on cash: 3.41% Airbnb Rental Income: $2414 Traditional Rental Income: $2189 Airbnb ROI: 2.49% Traditional ROI: 3.41%
1175 Rice Road Morehead, KY 🏡 Charming Story and Half Home on 1.6 Acres with Scenic Views! 🌳 Disc...	3 beds \| 3 baths \| 2,108 sq.ft.	$279,500	Airbnb cash on cash: 4.71% Traditional cash on cash: 7.45% Airbnb Rental Income: $2414 Traditional Rental Income: $2542 Airbnb ROI: 4.71% Traditional ROI: 7.45%
160 Hickory Drive Morehead, KY Hickory Pointe!!! Lovely brick home offers 4 bedrooms (2 primary), 4 full baths, walk-in c...	4 beds \| 4 baths \| 3,444 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.22% Airbnb Rental Income: $null Traditional Rental Income: $3521 Airbnb ROI: N/A Traditional ROI: 6.22%
1055 Rosedale Road Morehead, KY This 3 bedroom, 2 bath manufactured home is situated on a beautiful, non restricted 1.47 a...	3 beds \| 2 baths \| 1,680 sq.ft.	$162,900	Airbnb cash on cash: 9.27% Traditional cash on cash: 9.93% Airbnb Rental Income: $2414 Traditional Rental Income: $1925 Airbnb ROI: 9.27% Traditional ROI: 9.93%
15 Grafton Court Morehead, KY Nestled in the heart of Morehead, KY, this charming 2-bedroom, 1-bath ranch home offers 91...	2 beds \| 1 baths \| 912 sq.ft.	$162,500	Airbnb cash on cash: 4.78% Traditional cash on cash: 6.68% Airbnb Rental Income: $1572 Traditional Rental Income: $1416 Airbnb ROI: 4.78% Traditional ROI: 6.68%
5552 BIG PERRY ROAD Morehead, KY Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 2 baths \| 2,975 sq.ft.	$187,000	Airbnb cash on cash: 7.88% Traditional cash on cash: 9.85% Airbnb Rental Income: $2414 Traditional Rental Income: $2173 Airbnb ROI: 7.88% Traditional ROI: 9.85%
171 limestone Road Morehead, KY This 4-bedroom, 3-bathroom ranch-style home is designed to offer both comfort and function...	4 beds \| 3 baths \| 2,940 sq.ft.	$258,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.53% Airbnb Rental Income: $null Traditional Rental Income: $2621 Airbnb ROI: N/A Traditional ROI: 8.53%
30 Dusty Road Morehead, KY PRICE REDUCED- MAKE AN OFFER. This home has been meticulously updated as the sellers had p...	4 beds \| 4 baths \| 3,001 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.26% Airbnb Rental Income: $null Traditional Rental Income: $3130 Airbnb ROI: N/A Traditional ROI: 6.26%
630 Big Brushy Road Morehead, KY RARE FIND! This manufactured home on a permanent foundation sits on a flat, spacious 1.4-...	3 beds \| 2 baths \| 1,768 sq.ft.	$194,700	Airbnb cash on cash: 7.5% Traditional cash on cash: 8.94% Airbnb Rental Income: $2414 Traditional Rental Income: $2090 Airbnb ROI: 7.5% Traditional ROI: 8.94%
4670 CCC Trail Morehead, KY If you have been looking for a nice house in a rural setting, be sure to take a good look ...	4 beds \| 3 baths \| 2,896 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.77% Airbnb Rental Income: $null Traditional Rental Income: $2735 Airbnb ROI: N/A Traditional ROI: 6.77%
250 Cimarron Road Morehead, KY A rare find in a highly desirable location! This expansive surveyed 38.655 acre property o...	2 beds \| 2 baths \| 980 sq.ft.	$325,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 3.12% Airbnb Rental Income: $1572 Traditional Rental Income: $1360 Airbnb ROI: 2.34% Traditional ROI: 3.12%
875 Upper Craney Road Morehead, KY This property screams investors dream! Plenty of room to add bedrooms, remove rooms, rearr...	4 beds \| 3 baths \| 3,530 sq.ft.	$207,500	Airbnb cash on cash: N/A Traditional cash on cash: 11.56% Airbnb Rental Income: $null Traditional Rental Income: $2732 Airbnb ROI: N/A Traditional ROI: 11.56%
201 Haldeman Heights Morehead, KY This beautiful 3 bed / 2 bath home has had dozens of improvements since 2022 and offers pr...	3 beds \| 2 baths \| 1,232 sq.ft.	$200,000	Airbnb cash on cash: 7.84% Traditional cash on cash: 6.77% Airbnb Rental Income: $2414 Traditional Rental Income: $1621 Airbnb ROI: 7.84% Traditional ROI: 6.77%
90 Lakeshore Drive Morehead, KY Welcome Home! Nestled in a highly coveted neighborhood, this 2-bedroom, 2-bath haven exude...	2 beds \| 2 baths \| 1,300 sq.ft.	$234,900	Airbnb cash on cash: 2.71% Traditional cash on cash: 4.72% Airbnb Rental Income: $1572 Traditional Rental Income: $1568 Airbnb ROI: 2.71% Traditional ROI: 4.72%
80 Keeneland Drive Morehead, KY MOTIVATED SELLER!!! BRING US A OFFER .Escape to your private oasis! This stunning 3-bedroo...	3 beds \| 2 baths \| 1,650 sq.ft.	$279,000	Airbnb cash on cash: 5.52% Traditional cash on cash: 6.1% Airbnb Rental Income: $2414 Traditional Rental Income: $1975 Airbnb ROI: 5.52% Traditional ROI: 6.1%
23 Barren Court Morehead, KY Situated in a picturesque neighborhood of the Lakes at Hickory Point, this immaculate 3-be...	3 beds \| 2 baths \| 1,920 sq.ft.	$369,900	Airbnb cash on cash: 3.05% Traditional cash on cash: 3.68% Airbnb Rental Income: $2414 Traditional Rental Income: $2040 Airbnb ROI: 3.05% Traditional ROI: 3.68%
8491 Hogtown Hill Morehead, KY Check out this sweet 3-bedroom double wide near Rodburn Elementary School! It has laminate...	3 beds \| 2 baths \| 1,680 sq.ft.	$170,000	Airbnb cash on cash: 8.82% Traditional cash on cash: 9.65% Airbnb Rental Income: $2414 Traditional Rental Income: $1957 Airbnb ROI: 8.82% Traditional ROI: 9.65%
2100 Eagle Drive Morehead, KY Welcome to your dream home located in the highly desirable Eagle Trace Golf Course develop...	4 beds \| 5 baths \| 4,698 sq.ft.	$725,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.8% Airbnb Rental Income: $null Traditional Rental Income: $3706 Airbnb ROI: N/A Traditional ROI: 3.8%
925 North North Wilson Avenue Morehead, KY Close To Hospital, University and all that downtown Morehead has to offer. This Ranch styl...	3 beds \| 1 baths \| 1,040 sq.ft.	$160,500	Airbnb cash on cash: 9.44% Traditional cash on cash: 6.18% Airbnb Rental Income: $2414 Traditional Rental Income: $1324 Airbnb ROI: 9.44% Traditional ROI: 6.18%
442 Skaggs Road Morehead, KY One level living and in a super handy location, just minutes from basically everything. L...	3 beds \| 2 baths \| 1,660 sq.ft.	$199,500	Airbnb cash on cash: 7.28% Traditional cash on cash: 6.1% Airbnb Rental Income: $2414 Traditional Rental Income: $1598 Airbnb ROI: 7.28% Traditional ROI: 6.1%
600 Hemlock View Road Morehead, KY AUCTION! AUCTION! AUCTION! This property to be sold by ONLINE AUCTION ONLY. Auction will...	3 beds \| 2 baths \| 2,062 sq.ft.	$241,000	Airbnb cash on cash: 6.26% Traditional cash on cash: 7.48% Airbnb Rental Income: $2414 Traditional Rental Income: $2100 Airbnb ROI: 6.26% Traditional ROI: 7.48%
11605 Cranston Road Morehead, KY Nice three bedroom home situated on 4.37 acres with room for your animals. Large primary b...	3 beds \| 2 baths \| 1,528 sq.ft.	$199,900	Airbnb cash on cash: 8.04% Traditional cash on cash: 8.21% Airbnb Rental Income: $2414 Traditional Rental Income: $1856 Airbnb ROI: 8.04% Traditional ROI: 8.21%
510 Caudill Cemetery Road Morehead, KY Look no furtherâyour dream home is here! Set on 3.21 acres, this 3-bedroom, 2-bathroom g...	3 beds \| 2 baths \| 2,675 sq.ft.	$459,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 3.42% Airbnb Rental Income: $2414 Traditional Rental Income: $2161 Airbnb ROI: 2.64% Traditional ROI: 3.42%
1667 Jackson Drive Morehead, KY Beautiful 2 Bedroom 1 Bath Cabin-like Home located in Morehead, KY - Charming cabin-style...	2 beds \| 1 baths \| 952 sq.ft.	$195,000	Airbnb cash on cash: 4.34% Traditional cash on cash: 5.38% Airbnb Rental Income: $1572 Traditional Rental Income: $1313 Airbnb ROI: 4.34% Traditional ROI: 5.38%
373 Circle Drive Morehead, KY This beautifully updated home nestled in the established Lakeview Heights Community offers...	4 beds \| 3 baths \| 2,664 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.29% Airbnb Rental Income: $null Traditional Rental Income: $2606 Airbnb ROI: N/A Traditional ROI: 5.29%
55 Sugar Camp Road Morehead, KY Your Perfect Sanctuary Awaits...Welcome to your future home! This stunning 3 bedroom, 2 b...	3 beds \| 2 baths \| 1,560 sq.ft.	$249,900	Airbnb cash on cash: 5.93% Traditional cash on cash: 5.86% Airbnb Rental Income: $2414 Traditional Rental Income: $1806 Airbnb ROI: 5.93% Traditional ROI: 5.86%
80 Luallen Lane Morehead, KY Take at this 3BR 2 BA vinyl home in thriving neighborhood, just mins from interstate. Grea...	3 beds \| 2 baths \| 1,300 sq.ft.	$185,000	Airbnb cash on cash: 7.98% Traditional cash on cash: 6.69% Airbnb Rental Income: $2414 Traditional Rental Income: $1597 Airbnb ROI: 7.98% Traditional ROI: 6.69%
2205 Sharkey Road Morehead, KY Discover the charm of this adorable farmhouse paired with a cozy tiny home, perfectly situ...	3 beds \| 1 baths \| 1,202 sq.ft.	$210,000	Airbnb cash on cash: 7.34% Traditional cash on cash: 5.28% Airbnb Rental Income: $2414 Traditional Rental Income: $1414 Airbnb ROI: 7.34% Traditional ROI: 5.28%
8050 Christy Creek Road Morehead, KY This immaculate mid-century home offers 4 bedrooms and 2 full baths, nestled on 5.46 surve...	4 beds \| 2 baths \| 3,804 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.81% Airbnb Rental Income: $null Traditional Rental Income: $2109 Airbnb ROI: N/A Traditional ROI: 6.81%
145 Monticello Drive Morehead, KY A Quiet Blending of lovely colors and gleaming hardwood and laminate floors lends a feelin...	4 beds \| 3 baths \| 2,144 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.03% Airbnb Rental Income: $null Traditional Rental Income: $2416 Airbnb ROI: N/A Traditional ROI: 6.03%
504 Skaggs Road Morehead, KY Are you ready for an iconic home in an amazing neighborhood? This one owner property, bui...	4 beds \| 6 baths \| 6,120 sq.ft.	$585,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.75% Airbnb Rental Income: $null Traditional Rental Income: $5652 Airbnb ROI: N/A Traditional ROI: 8.75%
44 States Avenue Morehead, KY Allow me to introduce you to this charming 2006 manufactured home with an addition, a More...	5 beds \| 2 baths \| 2,420 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.68% Airbnb Rental Income: $null Traditional Rental Income: $2201 Airbnb ROI: N/A Traditional ROI: 9.68%
105 Haldeman Hgts Morehead, KY Well maintained manufactured home with solid masonry foundation, huge front porch, extensi...	3 beds \| 2 baths \| 1,568 sq.ft.	$179,500	Airbnb cash on cash: 9.08% Traditional cash on cash: 9.11% Airbnb Rental Income: $2414 Traditional Rental Income: $1827 Airbnb ROI: 9.08% Traditional ROI: 9.11%
1467 Pennington Flat Road Morehead, KY Time to retire? or just need to scale down and enjoy life. Perfect retirement property o...	2 beds \| 2 baths \| 1,144 sq.ft.	$229,500	Airbnb cash on cash: 3.5% Traditional cash on cash: 5.47% Airbnb Rental Income: $1572 Traditional Rental Income: $1550 Airbnb ROI: 3.5% Traditional ROI: 5.47%
255 Hill-N-Dale Road Morehead, KY Welcome to this inviting ranch-style home in Hill-N-Dale Subdivision! Spanning 1456 Sq. ft...	3 beds \| 2 baths \| 1,456 sq.ft.	$223,000	Airbnb cash on cash: 6.82% Traditional cash on cash: 6.81% Airbnb Rental Income: $2414 Traditional Rental Income: $1819 Airbnb ROI: 6.82% Traditional ROI: 6.81%
491 Airport Road Morehead, KY Lots Of Possibilities !!! Located Close to Cave Run Lake and I-64. This 4 bedroom, 2.5 bat...	4 beds \| 3 baths \| 2,844 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.68% Airbnb Rental Income: $null Traditional Rental Income: $2813 Airbnb ROI: N/A Traditional ROI: 3.68%
18 Grayson Drive Morehead, KY Welcome to this beautifully finished, brand-new home in the highly sought-after Lakes of H...	3 beds \| 2 baths \| 1,600 sq.ft.	$299,000	Airbnb cash on cash: 4.19% Traditional cash on cash: 4.66% Airbnb Rental Income: $2414 Traditional Rental Income: $1953 Airbnb ROI: 4.19% Traditional ROI: 4.66%
275 Johnson Road Morehead, KY End of the road privacy, surrounded by trees and nature is what you get with this spacious...	3 beds \| 2 baths \| 1,590 sq.ft.	$390,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 2.96% Airbnb Rental Income: $2414 Traditional Rental Income: $1854 Airbnb ROI: 2.87% Traditional ROI: 2.96%
231 Lakewood Drive Morehead, KY Nestled off Highway 801 in the charming Lakewood Acres Subdivision, this home is just minu...	3 beds \| 2 baths \| 1,236 sq.ft.	$259,900	Airbnb cash on cash: 5.89% Traditional cash on cash: 4.98% Airbnb Rental Income: $2414 Traditional Rental Income: $1601 Airbnb ROI: 5.89% Traditional ROI: 4.98%

Real Estate investment in Morehead, KY

There are 39 properties for sale in the city of Morehead . The median list price in Morehead is $208,750 and the average price per square foot is $104. In November 2024, the average monthly cash on cash return in Morehead is 7.00%. The average monthly rental income in Morehead is $1,951.

Morehead, KY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 39 investment properties available for sale in Morehead.

In 2024, the best neighborhood to buy investment property is Morehead.

The ROI for Short-Term is higher than the Long-Term in Morehead with average rental income of $2,414.

Your search for investment property begins and ends here

Investment Property for Sale in Morehead, KY

30 Fairview Drive

Morehead, KY

3 beds | 2 baths | 2,392 sq.ft.

$424,900

Airbnb cash on cash: 2.49%

Traditional cash on cash: 3.41%

Airbnb Rental Income: $2414

Traditional Rental Income: $2189

Airbnb ROI: 2.49%

Traditional ROI: 3.41%

1175 Rice Road

Morehead, KY

3 beds | 3 baths | 2,108 sq.ft.

$279,500

Airbnb cash on cash: 4.71%

Traditional cash on cash: 7.45%

Airbnb Rental Income: $2414

Traditional Rental Income: $2542

Airbnb ROI: 4.71%

Traditional ROI: 7.45%

160 Hickory Drive

Morehead, KY

4 beds | 4 baths | 3,444 sq.ft.

$450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.22%

Airbnb Rental Income: $null

Traditional Rental Income: $3521

Airbnb ROI: N/A

Traditional ROI: 6.22%

1055 Rosedale Road

Morehead, KY

3 beds | 2 baths | 1,680 sq.ft.

$162,900

Airbnb cash on cash: 9.27%

Traditional cash on cash: 9.93%

Airbnb Rental Income: $2414

Traditional Rental Income: $1925

Airbnb ROI: 9.27%

Traditional ROI: 9.93%

15 Grafton Court

Morehead, KY

2 beds | 1 baths | 912 sq.ft.

$162,500

Airbnb cash on cash: 4.78%

Traditional cash on cash: 6.68%

Airbnb Rental Income: $1572

Traditional Rental Income: $1416

Airbnb ROI: 4.78%

Traditional ROI: 6.68%

5552 BIG PERRY ROAD

Morehead, KY

3 beds | 2 baths | 2,975 sq.ft.

$187,000

Airbnb cash on cash: 7.88%

Traditional cash on cash: 9.85%

Airbnb Rental Income: $2414

Traditional Rental Income: $2173

Airbnb ROI: 7.88%

Traditional ROI: 9.85%

171 limestone Road

Morehead, KY

4 beds | 3 baths | 2,940 sq.ft.

$258,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.53%

Airbnb Rental Income: $null

Traditional Rental Income: $2621

Airbnb ROI: N/A

Traditional ROI: 8.53%

30 Dusty Road

Morehead, KY

4 beds | 4 baths | 3,001 sq.ft.

$399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.26%

Airbnb Rental Income: $null

Traditional Rental Income: $3130

Airbnb ROI: N/A