102 Mollie WayGeorgetownKY40324
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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
Rental property for sale in Georgetown at 102 Mollie Way, Georgetown, KY, 40324 generates $3,371/mo in rent and, after a $2,202/mo payment, leaves $633/mo in cash flow. Total monthly income is $3,371/mo, and annual cash flow is $7,594/yr on $149,142 invested. Return on cash invested sits at 25% in year one, and rental yield is 8.99% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 130% and total cumulative return in cash sums $193,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,371/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
6,835 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40324, Georgetown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,153 (100%) |
| Owner Occupied HU | 14,727 (66.5%) |
| Renter Occupied HU | 6,337 (28.6%) |
| Vacant Housing Units | 1,089 ( 4.9%) |
| Median Home Value | $284,871 |
| Average Home Value | $318,759 |
Housing Distribution
Address Breakdown
Residential
21,295
Single Family
19,656
Multi-Family
1,639
Businesses
1,306
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Listed by: Amy Barron • Lpt Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25000666
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.