114 Seth WayGeorgetownKY40324
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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
Rental property for sale in Georgetown at 114 Seth Way, Georgetown, KY, 40324 priced at $250,000 converts $2,179/mo rent into $657/mo cash flow after a $1,224/mo obligation. Total monthly income equals $2,179/mo, and annual cash flow totals $7,885/yr on $82,875 invested. Return on cash invested prints 29.42% in year one, and rental yield reads 10.46% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 153.77% and total cumulative return in cash sums $127,438. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,179/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 2005
5,227 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: Ciara Isaacs Hagedorn • RE/MAX Elite Lexington
Mls Name: Imagine MLS
Mls ID: #25504690