102 Wabash DrGeorgetownKY40324
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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 Georgetown at 102 Wabash Dr, Georgetown, KY, 40324 with 5% annual appreciation on a $268,000 basis while $2,006/mo rent supports operations. Total monthly income totals $2,006/mo and a $1,312/mo payment preserves $375/mo for cash returns. Annual cash flow comes to $4,496/yr on $88,842 deployed, and return on cash invested reaches 24.97% in year one. Equity gained on principal adds $1,729/yr, and five-year appreciation sums $74,043 alongside rental yield of 8.98%. Five-year ROI measures 129.85% and total cumulative return in cash totals $115,365.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,006/mo property income versus a $1,312/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
5,662 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: Kristine Cassata • Indigo & Co
Mls Name: Imagine MLS
Mls ID: #26000515